December 2016 Logistics Market Snapshot
The December 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 December edition:
- The Consumer Confidence Index increased to 107.7 in November 2016, up 6.25% from October. A more favorable assessment of current conditions coupled with a more optimistic short‐term outlook helped boost confidence, according to The Conference Board.
- E-commerce revenue was up 9% in November compared to November 2015. Mobile shopping accounted for 31% of online shopping, up from 29% in November 2015. (Source: Custora E-Commerce Plus, US Census)
- The consumer price index for all urban consumers fell .2% to 241.3 in November on a seasonally-adjusted basis from the previous month. (Source: US Bureau of Labor Statistics)