Economic Indicators

Key economic metrics impacting the trucking industry

BTS Transportation Services Index — Freight

Jul 26 read

Declining

BTS Transportation Services Index (Freight) is at 135.7. Freight shipment activity is -2.0% YoY (-0.66% MoM).

BTS Transportation Services Index — Freight (TSIFRGHT)

Latest Index

135.7

Jul 26

Month-over-Month

-0.66%

from 136.6

Year-over-Year

-2.02%

from 138.5

24-Month Trend

Index (2000=100, seasonally adjusted)

What this tracks: BTS-published index of for-hire freight shipments across trucking, rail, water, pipeline, and air. Considered the single best macro pulse for U.S. freight activity. Status logic: Rising when YoY ≥ +1%, Declining when ≤ -1%, otherwise Steady. Updated monthly with ~2-month lag. Source: BTS via FRED (TSIFRGHT), U.S. Public Domain.

GDP Growth Rate

0.00%

annualized

Manufacturing PMI

59.6

Expanding

Retail Sales Growth

4.5%

year-over-year

Trucking Employment

1,589,900

+4,610 MoM

Industrial Production

109.7

index

Consumer Confidence

111.35

index

Freight TSI

162.1

index

Avg Hourly Earnings

$30.81

trucking

GDP Growth & Manufacturing PMI

12-month trend

Freight Indices

TSI and Truck Tonnage trends

Trucking Employment

Thousands of workers, 12-month trend

Consumer Metrics

Confidence index and retail sales growth