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Economy

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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

September 19, 2002 - Industry News

Housing Starts Drop Again in August

Housing starts dropped for a third month in August, according to a Census Bureau report, falling 2.4% to an annual rate of 1.609 million.

Tags: Economy

September 18, 2002 - Industry News

U.S. Exports Rise; CPI Posts Gain

Exports of U.S. goods rose for a fourth consecutive month in July -- up $0.9 billion -- while imports fell by a similar amount, according to a Census Bureau report

Tags: Economy

September 17, 2002 - Industry News

Manufacturing Slips 0.1% in August

Manufacturing production fell 0.1% in August but the Federal Reserve Board revised its July estimate from no change to a 0.3% increase

Tags: Economy

September 16, 2002 - Industry News

Nation's Inventories Continue To Climb

The Commerce Department announced Monday that the nation's businesses added to their inventories in July, stockpiling goods for a third consecutive month.

Tags: Economy

September 13, 2002 - Industry News

Retail sales strong, inflation unchanged for August

August proved to be a good month for consumer spending, and inflation held steady at the wholesale level, according to a pair of economic reports released Friday in Washington.

Tags: Economy

September 12, 2002 - Industry News

Petroleum Fuels Rise in August Import Prices

Import prices in the United States rose in August, boosted primarily by higher prices for imported petroleum

Tags: Economy

September 9, 2002 - Industry News

Wholesalers Built Up Inventories in July

U.S. wholesalers built up their inventories at the fastest rate in 20 months in July, the government said on Monday, in an encouraging sign for the economy

Tags: Economy

September 6, 2002 - Industry News

Unemployment Drops In August

Unemployment in the United State hit a five month low of 5.7% in Augus

Tags: Economy

September 5, 2002 - Industry News

Orders & Shipments For Manufactured Goods Increase

New orders and shipments of manufactured goods posted an increase in July after falling the month before. This news follows several other readings this week on the economy

Tags: Economy

August 22, 2002 - Industry News

Truck Tonnage Drops In June, But Improving Overall

Truck tonnage took a tumble in July, but overall it is above levels from a year ago

Tags: Economy

August 19, 2002 - Industry News

Leading Economic Indicators Fall

One of the latest measures of future U.S. economy took a second consecutive drop in July, while the reading on current conditions moved up slightly

Tags: Economy

August 18, 2002 - Industry News

Housing Starts Fall While Inflation Remains In Check

Housing starts and permits for new construction fell, not unexpectedly, in July, while consumer prices were almost unchanged for the month

Tags: Economy

August 15, 2002 - Industry News

Industrial Production Up Slightly

Industrial production in the United States managed to increase in July, but still turned in its weakest performance since April

Tags: Economy

August 13, 2002 - Industry News

Interest Rates Unchanged, Retail Sales Up

The Federal Reserve on Tuesday decided to keep interest rates unchanged, the same day a new report showed retail sales increased in July

Tags: Economy

August 8, 2002 - Industry News

ATA Survey: Most Trucking Companies Plan To Avoid ’02 Engines

Trucking companies have been pre-buying trucks, and few plan to buy new trucks in the fourth quarter of the year, thanks to new emissions standards that go into effect Oct. 1, according to a survey released this week by the American Trucking Associations

Tags: Economy

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