April 2016 Logistics Market Snapshot
The April edition of the Logistics Market Snapshot, collated by the Georgia Center of Innovation for Logistics, is now available online. Looking at more than 300 sources of information from external resources including NASDAQ, the US Department of Transportation and the Bureau of Labor Statistics, the Market Snapshot provides insight into rail, trucking, air and ocean freight, warehouse and distribution, multimodal and US markets trends.
Below are a few interesting highlights from the April edition:
- The Consumer Confidence Index increased to 96.2 in March 2016, up 4.3% from February. (Source: The Conference Board)
- Retail and food service sales decreased in March to $446.9 billion, down 0.3% from the previous month, and up 1.7% from March 2015. Non-store retailer sales were up 7.62% from last year. (Source: US Census)
- The consumer price index for all urban consumers increased 0.1% in March on a seasonally adjusted basis from the previous month. Over the last 12 months, the all items index increased 0.9% before seasonal adjustment. The producer price index for final demand decreased 0.1% in March from the previous month. Prices for final demand goods increased 0.2% from the previous month. (Source: US Bureau of Labor Statistics)