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Despite the nation’s gross domestic product in the first quarter of the year moving higher than first thought, growth remains at its lowest level since the first quarter of 2015, according to a Commerce Department report released Friday. Yet a separate survey shows this has yet to damper consumers’ feelings.
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The American economy expanded more in the third quarter of the year than earlier projections, according to the U.S. Commerce Department.
Read More →The U.S. economy surged in the second quarter of the year, bouncing back from its worst performance in five years, according to new U.S. Commerce Department figures.
Read More →New TMC recommended practice offers an easier way to evaluate fuel-efficient tires.
Read More →"There is nothing typical about a typical recession. They're all unique," said Bill Strauss, senior economist and economic advisor for the Federal Reserve Bank of Chicago, during Heavy Duty Dialogue '09 last week
Read More →The National Federation Independent Business says its Small Business Optimism Index for February rose 0.1 points to 98, registering a solid result despite some unfavorable conditions, according to a report released Tuesday morning.
Read More →It's the economy, stupid. But even the smart guys on the speakers list at the Heavy Duty Manufacturers Association's Commercial Vehicle Outlook 2010, held in Dallas Aug. 25-26, didn't know exactly where it's headed, though they tried hard to guestimate its puzzling course. Fleet executives, meanwhile, offered some plausible scenarios for what will happen in the equipment world
Read More →Analysts who were predicting a sharp downturn in the nation’s gross domestic product in the second quarter due to earlier dismal economic news got a shock with the release of a new report.
Read More →Logistics cost as a percent of GDP has been declining over the last 30 years, from 16% before deregulation to 8% now. But while logistics costs have been reduced, productivity has leveled out and may even decrease, according to Stifel's John Larkin, speaking at TMW's annual user conference.
Read More →Just as trucking was beginning to see signs of hope that the economic slowdown was starting to reverse itself, economists are concerned that the terrorist attacks on New York City and Washington, D.C., could send the U.S. into a recession
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