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While the economic recovery has been showing signs of slowing, this is not cause for concern that we'll see a double dip recession, FTR Associates pointed out during a webinar Friday
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Industrial production grew at a slower rate than expected in June, inching up 0.1 percent after a 1.3 percent rise in May, according to data released by the Federal Reserve
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Although the U.S. economic recovery is likely on track, there are several risks out there that could negatively impact the recovery, according to FTR Associates' June North American Commercial Truck and Trailer Outlook. Due to risks such as the impact of Europe's economic crisis, the decline in the U.S. stock market, and high unemployment numbers, FTR's forecast was somewhat conservative in this outlook
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While June payrolls fell for the first time in six months, the transportation and warehousing sectors added 15,000 jobs during the mont
Read More →While the manufacturing sector still seems to be moving in the right direction, growth has slowed somewhat in the last few months, a sign that the second half of the year may see more moderate growth
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The trucking industry is finally experiencing a period of growth, as an economic recovery has led to solid freight volumes, tightening capacity and signs of a driver shortage waiting in the wing
Read More →After five straight months of increases, new orders for manufactured durable goods were down 1.1 percent, or $2.2 billion, in Ma
Read More →The Federal Reserve announced it will keep the federal funds interest rate at zero to 0.25 percent, a record lo
Read More →Manufacturing activity continued to improve in May, climbing 0.9 percent on its third straight monthly gain of about 1 percent, according to the Federal Reserve. Meanwhile, the Producer Price Index was down 0.3 percent in May, and the Consumer Price Index fell 0.2 percen
Read More →Economic indicators coming out of the U.S. Census Bureau Friday were mixed, as the government announced that retail and food services sales were down 1.2 percent in May, while business inventories gained 0.4 percent in April
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