Fleet Management

Economy

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May 7, 2003 - Industry News

SARS Having No Impact on U.S. Freight Volume

The amount of economic damage from the SARS virus cannot yet be fully measured because World Health Organization reports suggest that there are likely some contagious people not yet quarantined in several regions in China.

Tags: Economy

May 1, 2003 - Industry News

Manufacturing Index Slips Lower in April

Manufacturing activity declined marginally in April after a big drop in February, with the ISM index of manufacturing activity falling to 45.4 from 46.2 based on a survey of industrial buyers

Tags: Economy

April 30, 2003 - Industry News

Consumer Confidence Index Jumps 32% in April

The consumer confidence index from the monthly Conference Board survey increased to 81.0 in April from 61.4 in March.

Tags: Economy

April 29, 2003 - Industry News

Consumer Income, Spending Higher in March

Personal income gained 0.4% in March after a 0.2% rise in February, according to the Commerce Department

Tags: Economy

April 25, 2003 - Industry News

Durable Goods, Factory Orders, Shipments Rise in March

Manufacturers shipped 1.0% more durable goods in March than February and booked 2.0% more orders, according to a Commerce Department report.

Tags: Economy

April 23, 2003 - Industry News

Survey Claims Fleet-buying Outlook Strong

More than 75% of the fleets polled by CK Marketing & Communications this month, indicated that they plan to purchase both power units and trailer

Tags: Economy

April 22, 2003 - Industry News

Pre-war Data Push Leading Economic Indicators Down

The Conference Board reported that its index of leading economic indicators fell 0.2% in March on top of a 0.6% decline over the prior two months.

Tags: Economy

April 17, 2003 - Industry News

Housing Starts Improve With the Weather

Housing starts jumped 8.3% to a 1.78-million annual rate from February's weather-reduced total.

Tags: Economy

April 11, 2003 - Industry News

Energy Prices Drive Inflation Up; Retail Sales Jump

The March Producer Price index from the Department of Commerce soared 1.6% from February on top of a 2.5% rise over the prior two months.

Tags: Economy

April 11, 2003 - Industry News

Being Prepared is Key for Upswing Says Leasing Group

The Equipment Leasing Association's (ELA) president, Michael Fleming, told industry leaders in Chicago last week that there is pent-up demand for new equipment that will require companies to seek out more flexible financing to meet the demand

Tags: Economy

April 10, 2003 - Industry News

Rising Import Prices Cut Trade Deficit

The U.S. trade deficit improved 3.2% in February as the balance of services improved, goods exports rose 1.1% and goods imports fell 0.2%, according to the Department of Commerce.

Tags: Economy

April 4, 2003 - Industry News

Jobless Figures Up, But So Are Hourly Wages

Even with 108,000 fewer jobs, the labor market report for March was still better than the report for February, says Jim Haughey, Newport Communication's senior economist

Tags: Economy

April 3, 2003 - Industry News

SARS Virus Threatens Asian Imports

The SARS virus has begun to slow economic activity in Asian economies, says Newport Communications' senior economist Jim Haughey.

Tags: Economy

April 2, 2003 - Industry News

Manufacturing Slips in February

Nondurable goods orders and shipments dropped 1.4% in February from January according to a new report from the Department of Commerce.

Tags: Economy

April 1, 2003 - Industry News

March Manufacturing Index Falls Sharply

The March manufacturing index from the Institute of Supply Management (ISM) dropped to 46.2 in March from 50.5 in February over concerns about the impact of the war in Iraq.

Tags: Economy

March 28, 2003 - Industry News

February Income Rises, Spending Volume Falls

Personal income rose 0.3% in February, on track with the trend over the past year, but nervous consumers kept consumption spending unchanged while the volume of consumer purchases, after inflation, fell 0.4% due to soaring energy prices.

Tags: Economy

March 27, 2003 - Industry News

February Durable Goods Shipments, Orders Decline

February manufacturing shipments fell 1.6% and orders dropped 1.2% in a new Commerce Department report released Thursday

Tags: Economy

March 25, 2003 - Industry News

Consumer Confidence Remains Low

The March consumer confidence index slipped marginally lower to 62.5, according to The Conference Board's monthly survey, released on Tuesday.

Tags: Economy

March 20, 2003 - Industry News

Leading Indicators Give Up Recent Gain

The Index of Leading Economic Indicators dropped 0.4% in February after rising modestly for four months.

Tags: Economy

March 18, 2003 - Industry News

Storms Slow Housing Starts, But Boom Continues

February housing starts fell to 1.62 million from 1.82 in January, mostly due to unseasonably bad building weather in much of the country.

Tags: Economy

March 14, 2003 - Industry News

Oil Prices Drive Inflation Higher; Factory Production Down

The Producer Price Index increased 1.0% in February on top of a huge 1.6% rise in January. Meanwhile, factory production dropped 0.1% for the month.

Tags: Economy

March 13, 2003 - Industry News

February Retail Sales Drop Sharply

February retail sales fell 1.7%, confirming that bad weather and war fears have ended the brief December/January 1.9% surge in consumer spending.

Tags: Economy

March 3, 2003 - Industry News

Economic Reports Show Mixed Results

Personal income and construction spending are on the rise, manufacturing is slowly expanding while consumer spending is down according to different economic reports released Monday

Tags: Economy

February 27, 2003 - Industry News

Durable Shipments & Orders Jump

The U.S. manufacturing sector started off the year with a bang, reporting its biggest gain in durable goods shipments and orders since last July. Shipments of manufactured durable goods in January increased 3.5% following a 2% December decrease

Tags: Economy

February 21, 2003 - Industry News

Manpower Survey Shows Hiring to Decline in 2nd Quarter

U.S. employers will be hiring at a moderately slower pace during the second quarter of 2003, according to the Employment Outlook Survey, conducted by Manpower Inc. and released today.

Tags: Economy

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