Economy

1101  -  1120  of  1204

May 25, 2001

Latest Economic Signals Mixed

More economic numbers of importance to trucking came out Friday and the news is mixed

May 24, 2001

April Home Sales Falloff May be Misleading

One important indicator as to the future health of trucking is new homes sales, but it may be wise not to read too much into April’s disappointing numbers

May 17, 2001

Economic Index Points in Right Direction

The Conference Board's index of leading economic indicators rose 0.1% in April after three consecutive declines

May 15, 2001

Fed Cuts Interest Rates Again

The Fed cut credit costs another half percent today - the fifth cut this size since January. No immediate benefit is expected for equipment manufacturers or freight haulers, but it should help boost spending in the economy later this year

May 14, 2001

Economic Upturn Delayed

The economy was not doing as well as first reported in March and April, according to revised data with more complete information released Monday

May 9, 2001

Atlas Tracks Relocation Trends

For the moving industry, corporate relocations are a big part of their business. And when the economy starts affecting those relocations, it's of prime interest

May 8, 2001

Trailer Sales: Rough First Quarter But Better Times Ahead

Trailer manufacturers expected 2001 to get off to a weak start, but weren’t prepared for the "blood bath" that occurred in first quarter

May 2, 2001

Factory Orders Increase

Today’s March manufacturing report from the Census Bureau suggests that the manufacturing sector may have begun to rebound, promising increased freight volume ahead

May 1, 2001

Economic News Good for Trucking

Today's economic news is positive for freight haulers and truck equipment manufacturers

April 27, 2001

GDP Unexpectedly Increases

The economic growth rate in the U.S. was reported to be an unexpectedly strong 2% in the first quarter of the year, as reported today by the Commerce Department. GDP growth had fallen to 1% at the end of last year and was widely expected to be in the 0-1% range at the beginning of this year

April 26, 2001

Trucking Economy: The View From the Internet

Freight has dropped off from last year, but there is still enough to go around, according to Scott Moscripp, president of Internet Truckstop, the web-based load-matching service

April 25, 2001

Manufacturing Durable Orders, Shipments Rise in March

Orders for durable goods rose 3% in March, but it was mostly for ships and tanks, with non-transportation orders off 1.8% -- the fourth consecutive decline. However, shipments rose 0.1% after declining the previous five months. The stable shipments value is the best news for freight

April 18, 2001

Fed Cuts Interest Rates Again

The fourth half-percent interest rate cut this year came today in a surprise action by the Federal Reserve Board. Usually the Board acts only during the every six-to-seven-week Open Market Committee meetings. Today's cut promises to speed up consumer and business purchases -- and then production and freight

April 17, 2001

More Freight Ahead

As economists and trucking analysts continue to keep a close eye on the economy, new figures on industrial production, housing starts and inflation offer some good news

April 17, 2001

Keeping an Eye on Inventories

Monday's business inventory report from the Census Bureau confirms that excess inventories continue to be absorbed. Inventories have to return to "normal" before production, imports and freight can recover to the level of current consumption

April 17, 2001

Load Postings Looking Up

The analysts at load posting giant DAT Services are predicting that the number of loads available will pick up over the next few months, even going so far as to say we're at the bottom of the economic downturn

April 2, 2001

Good News In Latest Economic Reports

Two key economic reports issued yesterday both signaled that the U.S. economy is on the way back. The National Association of Purchasing Managers reported a rise in manufacturing in March, and the Census Bureau reported a strong rise in construction spending in February

March 27, 2001

Trucking Barometers Mixed

The barometers that trucking sometimes turns to in order to gauge the future health of the industry are mixed. As recently as yesterday, several figures were released which, while they weren’t cause for celebration, weren’t cause for alarm, either

March 26, 2001

Hebe: No Recovery Without Crude Oil Price Turnaround

The single most important factor that brought down the trucking industry’s fortunes was energy cost, and those fortunes won’t change until fuel prices decline, says Freightliner CEO Jim Hebe

March 21, 2001

Economic Summit II: Trucking Will Grow, But First -- the Recession

The trucking industry will expand to meet an enormous increase in demand over the next two decades. Internet-based technologies will provide new efficiencies, of course, but first we have a genuine recession to deal with

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