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The Federal Reserve Board added some insurance to its cautious outlook for an improving economy by reducing the federal funds rates by 0.25% to 3.5%, the eighth reduction this year, totaling 3.5%
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By now anyone following monthly data that flows from the federal government and other sources knows that when it comes to finding that one rainbow pointing to an economic recovery for the U.S., one week everybody is smiling and the next week they're down. This week, at least so far, some are starting to grin
Read More →Production, retail sales and inventory reports just released are good news for the freight outlook, especially in the industrial Midwest and upper South regions
Read More →The latest word on the American economy continues to be a good news, bad news situation. Wednesday two reports were released, one from the Federal Reserve and the other from the U.S Commerce Department
Read More →With all the doom and gloom hanging over the trucking industry these days, it may come as a surprise to learn that many trucking stocks are darlings on Wall Street
Read More →The poor economic numbers for the month of June continue to roll in. The U.S. Commerce Department today reported manufacturing shipments fell 2.8% from May's figures
Read More →The latest economic news for trucking and the rest of the American economy is disappointing: Manufacturing and construction spending fell for another consecutive month
Read More →If there is anything that can be said for these uncertain economic times, it is that economic figures are uncertain, too
Read More →The U.S. economy grew at a meager 0.7% in the April-June quarter, following a 1.3% rise in the first quarter of the year
Read More →U.S. manufacturers reported a 2% drop in durable goods shipments in June together with a larger 2.3% dip in orders and 0.7% cut in inventories. This news is neutral to slightly negative for freight
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