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The latest figures show sales at the wholesale level dropped during September while inventories eased a bit
Read More →The Federal Reserve today decided to lower interest rates for the 10th time this year
Read More →The American economy is on the edge of officially being in a recession. On Wednesday the U.S. Commerce Department released news that the Gross Domestic Product through the third quarter of the year contracted at an annual rate of 0.4%
Read More →Consumer confidence has been counted on as being a key element to keep the U.S. economy from heading further south, but now it appears to be eroding, too
Read More →Even though the latest economic reports paint a picture of a dismal economy, there is some evidence that the full shock of the terrorist attacks to the economy was absorbed during September
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Look for more closures and mergers in the trucking industry, and don’t look for a recovery to begin until 2003. That’s the prediction of Overnite Transportation Chairman, President and CEO Leo Suggs
Read More →A barometer of future U.S. economic activity fell in September. The New York-based Conference Board reported Monday its Index of Leading Economic Indicators fell 0.5% in September
Read More →Industrial production fell for the 12th consecutive month in September, marking the first time there has been an entire year of declines since the mid 1940s
Read More →Scott Breon is definitely feeling the economic pinch. The owner-operator from State College, Pa., reported that load availability is down and his deadhead miles are up. He’s seen rates going west drop as low as 65 cents. Fuel is expensive. So are some other costs, like taxes and tolls
Read More →Retail sales have posted their biggest drop in 10 years
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