Builder confidence in the market for newly-built single-family homes in May increased by five points to 50, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This marks the fifth straight month that builder confidence has increased and is the first time sentiment levels have reached the midpoint mark of…
Understanding the demand for produce is critical to understanding supply and demand, and a great place to start is your local festival. Most produce-growing regions love to celebrate their annual harvest and typically hold a significant festival each year around the peak harvest time. Here are some key dates to watch: Florida Strawberry Festival –…
Some recent truckload demand indexes align to paint a gloomy picture for truckload carriers looking for a rebound in freight demand this year. So far, many of the publicly traded trucking companies reported that they didn’t see the usual seasonal bounce in freight volumes in March that they expected, according to Prof. Jason Miller at…
On a recent cross-country road trip the entire length of Interstate 80, it was obvious that speed isn’t the issue regarding road safety. From a driver who has 2 million over-the-road miles behind them, it’s not speed that’s the problem; it’s the inappropriate speed for the current conditions. And it’s not linear (i.e., the faster…