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Although the economic recovery from the COVID-19 shutdown is definitely not a “V” shape, it’s growing steadily – but don’t expect to be back where we were until mid-2022, said Jeffrey Rosensweig of Emory University.
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First time jobless claims over the last month in the U.S. fell to its lowest level since February 2006, well before the Great Recession.
Read More →Gains in total U.S. employment remain strong, with a new report showing non-farm payrolls increased in February from the month before. A renowned economist said this week the U.S. economic picture is one of the brightest on the world’s economic stage.
Read More →“I think it’s pretty astounding this economy continues to grow when you think about the shocks it’s taken," said Bob Costello, chief economist & vice president, American Trucking Associations, speaking at TMW Systems’ Transforum user conference in Anaheim, Calif., Tuesday.
Read More →Small fleet owner Jamie Hagen says new legal risks, volatile fuel prices, and a changing freight market are forcing small carriers to rethink how they operate — and what they can afford.
Read More →Three important economic reports rolled in the past few days, with a split decision over sales of homes, while a third one measuring where the overall economy is headed shows continued growth and possibly greater economic strength.
Read More →The U.S. economy grew at the weakest rate in three years during the first quarter of 2017, according to an advanced estimate by the Commerce Department, but economists remain optimistic about future performance.
Read More →Along with unveiling its EPA 2027-compliant MP13 engine, Mack outlined powertrain changes across its Class 6-8 lineup, including new Cummins-based X10 engines.
Read More →Overall economic activity in the U.S. cooled slightly in the first quarter of the year as consumer spending eased, but the performance was better than analysts were expecting.
Read More →The economic recovery is progressing at a normal pace, and rebuilding from "superstorm" Sandy will be a boon for some sectors of the economy, including flatbed truckers, according to trucking economist Noel Perry
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