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Real gross domestic product increased at an annual rate of 3.8 percent in the second quarter of 2007, according to final estimates released Thursday by the Bureau of Economic Analysis. In the first quarter
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The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index rose 0.3 percent in July, marking the first month-to-month increase since March of this year. The not-seasonally adjusted index decrease
Read More →The Federal Reserve Board's Open Market Committee decided Tuesday to keep its target for the federal funds rate at 5-1/4 percent, citing lingering inflation concerns
Read More →The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 0.1 percent in June, marking the third consecutive month-to-month drop. Tonnage fell 1.3 percent in May and has dropped 3.5 percent since March.
Read More →New orders for manufactured durable goods increased 1.4 percent in June, led by new orders for non-defense aircraft and parts, according to the U.S. Department of Commerce. New orders fell 2.3 percen
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Economic activity in the manufacturing sector expanded in June for the fifth consecutive month, according to the latest Report on Business issued by the Institute for Supply Management. "Following a weak first quarter
Read More →The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 1.3 percent in May, marking the second consecutive month-to-month drop. In April, tonnage fell 2.2 percent
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June opened with a series of reports indicating slow economic growth, but growth nonetheless. The Institute for Supply Management's latest Manufacturing Report on Business logged the fourth consecutive month of expansion.
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"Total construction spending inched up in April, as nonresidential outlays shook off the plunge in homebuilding and sluggishness in gross domestic product (GDP)," Ken Simonson, chief economist for the Associated General Contractor
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The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 2.2 percent in April, after posting a 1.2 percent jump in March
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