Economy

1121  -  1140  of  1242

July 31, 2001

Economic Figures Show Uncertainty, Economist Says Everything On Track

If there is anything that can be said for these uncertain economic times, it is that economic figures are uncertain, too

July 27, 2001

Economic Growth Slows Further Through Second Quarter

The U.S. economy grew at a meager 0.7% in the April-June quarter, following a 1.3% rise in the first quarter of the year

July 26, 2001

Durable Goods Shipments & Orders Drop

U.S. manufacturers reported a 2% drop in durable goods shipments in June together with a larger 2.3% dip in orders and 0.7% cut in inventories. This news is neutral to slightly negative for freight

July 19, 2001

Economists Predict Stronger Manufacturing

As some carriers shake their heads over earnings reports and recent news of decreased manufacturing during June, there’s new hope that economy may start to pick up as soon as late this summer

July 18, 2001

Housing Starts Jump, Inflation Eases From May to June

The roller coaster ride of economic reports that affect trucking continued yesterday, with news of housing starts and inflation

July 17, 2001

Industrial Production Falls Again

As things started to look up with the U.S. economy with recent news of increased sales, lower wholesale prices, and higher consumer confidence, a Federal Reserve report released Tuesday showed there are still dark clouds on the horizon

July 16, 2001

Economic Numbers Mixed, Hope Still On The Horizon

Recently released economic numbers show the U.S. economy is slowly chugging along, but there are some indications things may be getting ready to turn around

July 6, 2001

Unemployment Rises In June

Despite some encouraging reports over the past several weeks, the latest unemployment numbers suggest an economic recovery may still be further off than expected.

July 3, 2001

May Factory Orders Increase Following April Drop

New numbers released Tuesday by the U.S. Commerce Department show factory orders in the United States increased the most in nearly a year

July 2, 2001

Manufacturing, Spending, Construction Numbers Show Promise

Monday's June report from the National Association of Purchasing managers showed the manufacturing sector at its strongest in seven months

June 27, 2001

Fed Cuts Interest Rates Quarter Point

Today's 0.25% cut in interest rates by the Federal Reserve Board brings the six month total reduction to 2.75% and signals to consumers and investors that it is safe to keep spending

June 26, 2001

Economic Summit III: Fleets In Survival Mode

While there are a few bright spots, the industry must undergo more pain before it climbs out of the current recession. That was the consensus among speakers at Newport’s Economic Summit III in Las Vegas yesterday.

June 26, 2001

Good News On Economic Front

A new report on manufacturing today provides strong evidence that April may have been the bottom of the ongoing recession in manufacturing

June 15, 2001

Lower Freight Volume Expected In Wake Of Lower Industrial Production

Industrial production declined 0.8% in May, according to today’s report from the Federal Reserve Board. Industrial production tracks very closely with freight volume

June 13, 2001

New May Economic Data Disappointing

Preliminary May economic data continues to be slightly negative for freight volume. Retail sales were unchanged in May, matching the unchanged report for May employment released earlier in June

June 5, 2001

New Economic Reports Are Sobering

The latest economic reports are sobering. April now looks to be the weakest month in this economic slowdown although several more months of modest production declines are still likely

June 1, 2001

Economic News Offers Mixed Signals

Unemployment, construction and manufacturing numbers released today send mixed messages about how the economy is faring

May 29, 2001

Consumer Confidence Increase To Benefit Trucking

Consumers are feeling better about the U.S. economy and seem likely to spend more money on goods hauled by truck

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

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