Economy

1141  -  1160  of  1270

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

August 2, 2001

Factory Orders, Manufacturing Drop In June

The poor economic numbers for the month of June continue to roll in. The U.S. Commerce Department today reported manufacturing shipments fell 2.8% from May's figures

August 1, 2001

Manufacturing, Construction Spending Continue To Decline

The latest economic news for trucking and the rest of the American economy is disappointing: Manufacturing and construction spending fell for another consecutive month

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.

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