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November 6, 2002

Economic Plans To Change With New Congress

With Republicans regaining control of both houses of Congress following Tuesday's elections, look for changes in both short-term and long-term economic plans, said Newport Communications Senior Economist Jim Haughey.

November 6, 2002

Federal Reserve Lowers Key Interest Rate Again

Federal Reserve policy makers on Wednesday took the step of cutting interest rates even further to help spur the U.S. economy, but some say the move is a dangerous bet

November 4, 2002

Orders And Shipments Of Manufactured Goods Fall

New orders and shipments of manufactured goods fell for a second consecutive month in September -- the third decrease in the past four months

October 31, 2002

GDP Expands 3.1% During Third Quarter

The U.S. economy expanded further during the third quarter of the year, but not as much as some analysts were hoping

October 29, 2002

Consumer Confidence Takes A Dive

Consumer confidence in the American economy slipped to its lowest level in nine years during October

October 25, 2002

Durable Goods Recovery Still Stalled

Orders for durable goods plunged in September, while shipments declined less, according to figures released Friday by the U.S. Commerce Department

October 21, 2002

Index Of Leading Indicators Down For 4th Month

Concerns over the future of the U.S. economy were raised Monday with a new report showing activity fell for a fourth consecutive month

October 17, 2002

Industrial Production Slides; Home Starts Best In 16 Years

Industrial production in the United States fell for the second straight month in September, while housing starts posted their biggest gain in more than a decade

October 15, 2002

Four-Day Stock Surge May Be Indicative Of Better Times Ahead

The 15% surge in stock market indexes in the last four days may or may not be the long-awaited turnaround we've been looking for on Wall Street. But it will bring fundamental changes in the economic environmen

October 11, 2002

Inflation Steady, Freight Rates, Truck Prices Up

Freight rates and truck prices continued their recent rise in September, according to the Producer Price Index released Friday by the Bureau of Labor Statistics

October 11, 2002

Retail Sales Down, Wholesale Prices Steady

Retail sales in the United States fell in September, with new auto sales responsible for much of the drop. Prices at the wholesale level held steady

October 10, 2002

U.S. Jobless Claims Drop; Import Prices Climb

The number of U.S. workers filing for unemployment benefits declined by 40,000 last week, while prices of goods imported into the United States showed the biggest increase in five months

October 4, 2002

Employment Figures Mildly Positive For Trucking Industry

The headlines reported employment fell by 43,000 jobs in September from August. But beneath the headlines, the report is mildly positive for truck freight, truck sales and continued economic recovery, according to Jim Haughey, Newport Communication's senior economist. And that's even with September's employment falling by 17,000 jobs, or 1%, in the trucking and warehousing industries.

October 3, 2002

Orders, Shipments For Manufactured Goods Show Decrease in August

New orders for manufactured goods declined slightly in August to $326.6 billion, according to the Department of Commerce, Census Bureau

October 1, 2002

Factory Activity Slips In September

Manufacturing activity in September slipped below the break-even point after small increases in July and August, according to the Institute for Supply Management (ISM).

September 27, 2002

U.S. Economy Grows By 1.3% In 2nd Quarter

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.3% in the second quarter of 2002,

September 26, 2002

Kenworth Laying Off 450 Temps

Kenworth Truck Co. has announced it will lay off 450 temporary workers at its Chillicothe, Ohio plant who were hired to help with a short-term increase in production.

September 26, 2002

Three Economic Reports Spark Optimism

A triad of favorable economic reports on Thursday showed a drop in jobless claims, record sales for new homes and a less-than-expected drop in orders for durable goods

September 24, 2002

Survey: Fleets Want To Spec New Truck Components

A recent survey of more than 40 fleets conducted by CK Marketing and Communications shows fleets in North America have a strong desire to specify their new vehicles with component brands of their choice

September 24, 2002

Consumer Confidence Dips Again

The Conference Board's Consumer Confidence Index, which has fallen in the past three months, declined again in September


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