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Economy

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November 20, 2002 - Industry News

New Home Starts Hit The Brakes

New home starts in the United States took a nosedive in October after hitting a 16-year high the month before

Tags: Economy

November 19, 2002 - Industry News

Trade Improves In September

The overall U.S. trade deficit fell slightly in September to $38.03 billion, the second highest level on record, while exports of goods increased

Tags: Economy

November 14, 2002 - Industry News

Producer Prices, Industrial Production & Retail Sales Numbers Mixed

Prices at the wholesale level increased sharply in October, while industrial production fell and the retail sales picture improved

Tags: Economy

November 7, 2002 - Industry News

Sales At The Wholesale Level Increase Slightly

Sales at the wholesale level posted a slight increase in September, while worker productivity increased during the third quarter of the year

Tags: Economy

November 6, 2002 - Industry News

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.

Tags: Economy

November 6, 2002 - Industry News

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

Tags: Economy

November 4, 2002 - Industry News

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

Tags: Economy

October 31, 2002 - Industry News

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

Tags: Economy

October 29, 2002 - Industry News

Consumer Confidence Takes A Dive

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

Tags: Economy

October 25, 2002 - Industry News

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

Tags: Economy

October 21, 2002 - Industry News

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

Tags: Economy

October 17, 2002 - Industry News

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

Tags: Economy

October 15, 2002 - Industry News

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

Tags: Economy

October 11, 2002 - Industry News

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

Tags: Economy

October 11, 2002 - Industry News

Retail Sales Down, Wholesale Prices Steady

Retail Sales Trend

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

Tags: Economy

October 10, 2002 - Industry News

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

Tags: Economy

October 4, 2002 - Industry News

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.

Tags: Economy

October 3, 2002 - Industry News

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

Tags: Economy

October 1, 2002 - Industry News

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).

Tags: Economy

September 27, 2002 - Industry News

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,

Tags: Economy

September 26, 2002 - Industry News

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.

Tags: Economy

September 26, 2002 - Industry News

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

Tags: Economy

September 24, 2002 - Industry News

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

Tags: Economy

September 24, 2002 - Industry News

Consumer Confidence Dips Again

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

Tags: Economy

September 23, 2002 - Industry News

U.S. Leading Index Drops for Third Month

The Conference Board announced Monday that the U.S. leading index declined 0.2% in August, falling for a third consecutive month and declining more than analysts expected

Tags: Economy

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