Economy

1101  -  1120  of  1244

September 28, 2001

2nd Quarter GDP Revised Up, Outlook Still Bleak

Gross Domestic Product rose slightly in the second period, according to new numbers from the U.S Commerce Department, but dropped steeply from the growth rate earlier in the year

September 27, 2001

Durable Goods Orders & Shipments Fall

New figures released Thursday show durable goods manufacturing and shipments fell during August

September 25, 2001

Consumer Confidence Drops

Consumer confidence in the American economy has taken a nosedive

September 24, 2001

LEI Shows Economic Uncertainty, Congress Poised To Beef Things Up

The latest economic news still paints an uncertain picture of the nation’s economy, but Congress is getting ready to move ahead with a plan to pump things up

September 20, 2001

Housing Starts Plunge, Trucking To Feel Effects

Trucking companies that rely on moving construction materials will no doubt be disappointed in the latest numbers on new housing starts

September 19, 2001

Magazine Poll: Supply Deliveries Continue to be Disrupted

Increased security continues to disrupt shipments of key manufacturing materials and parts in the aftermath of the Sept. 11 terrorist attacks on the World Trade Center and the Pentago

September 17, 2001

Inventories Fall, Sales Up In July

U.S. businesses managed to cut their inventories for the sixth straight month in July, while sales posted another increase

September 17, 2001

Fed Unexpectedly Lowers Interest Rates

In an unexpected move Monday morning, the Federal Reserve cut key interest rates just before U.S. financial markets reopened for the first time following last week’s terrorist attacks on America

September 14, 2001

New Economic Numbers Mixed, Terrorist Situation Adds To Uncertainty

New economic reports released this morning, coupled with the uncertainty and nervousness following Tuesday’s terrorist attack, are providing a more cloudy picture than ever about the economy

September 12, 2001

Terrorist Attacks Could Spell Trouble For Economy

Just as trucking was beginning to see signs of hope that the economic slowdown was starting to reverse itself, economists are concerned that the terrorist attacks on New York City and Washington, D.C., could send the U.S. into a recession

September 7, 2001

Wholesale Inventories Drop, Sparking More Economic Hope

There was more encouraging economic news this week for trucking, following earlier news that manufacturing may be starting to rebound. The U.S. Commerce Department reported Friday morning the wholesale inventories in this country fell a hearty 0.7% in July

September 4, 2001

Manufacturing May Be Starting To Rebound

New figures released this morning indicate manufacturing in the United States is still slow, but is much better than it was at the beginning of the year

August 31, 2001

Manufacturing Sector Shows Signs Of Improvement

The manufacturing sector may be starting to show new signs of life. The U.S Commerce Department reported Friday morning factory orders increased 0.1% in July, while shipments were up 0.5% and factory inventories fell 0.6%

August 29, 2001

GDP Growth Anemic In Second Quarter

The U.S. economy is growing, but barely. New figures released this morning from the Commerce Department show economic growth increased 0.2% annual rate through the second quarter of the year, a downward revision from 0.7%

August 24, 2001

Durable Goods Orders Down But Shipments & New Homes Sales Up In July

Orders for durable goods continue to disappoint, but shipments and new home sales are looking good

August 21, 2001

Feds Cut Rates Again

The Federal Reserve Board added some insurance to its cautious outlook for an improving economy by reducing the federal funds rates by 0.25% to 3.5%, the eighth reduction this year, totaling 3.5%

August 20, 2001

LEI Suggests Recovery May Be In The Cards

By now anyone following monthly data that flows from the federal government and other sources knows that when it comes to finding that one rainbow pointing to an economic recovery for the U.S., one week everybody is smiling and the next week they're down. This week, at least so far, some are starting to grin

August 15, 2001

Better Economic News For Trucking

Production, retail sales and inventory reports just released are good news for the freight outlook, especially in the industrial Midwest and upper South regions

August 8, 2001

Federal Reserve, Commerce Department Offer Mixed News

The latest word on the American economy continues to be a good news, bad news situation. Wednesday two reports were released, one from the Federal Reserve and the other from the U.S Commerce Department

August 6, 2001

Wall Street Likes Trucking Stocks

With all the doom and gloom hanging over the trucking industry these days, it may come as a surprise to learn that many trucking stocks are darlings on Wall Street

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