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A report released Friday shows industrial production in the U.S. fell for the second consecutive month, the latest confirmation the economy lost some ground in the third quarter of the year.
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Consumers are feeling better than they were before and are spending more money because they are taking home larger paychecks, according two new reports. That bodes well for truck freight.
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The U.S. economy performed better in the second quarter of the year than earlier thought, according to a new Commerce Department report Friday, leaving some wondering if this puts the Federal Reserve closer to raising interest rates.
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The underlying fundamentals of the U.S. economy are better than, or at least nowhere near as bad as, the panic that set into Wall Street starting late last week and extended into Monday, according to several newly released reports.
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The amount of activity at the nation’s factories, mines and utilities turned in its best performance in eight months during July, according to a new Federal Reserve report on Friday.
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UPDATED -- Economic Watch: Consumers are not feeling quite as rosy about the U.S. economy, while a separate report shows a rebound in economic conditions for the U.S. services sector.
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Consumer prices increased in June from the month before, in positive territory for the first time this year, according to the U.S. Labor Department. A separate report shows consumers' feeling about the economy a just a little less hot than earlier.
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American consumers are feeling better about the economy with one measure hitting its highest level since January.
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Consumer confidence rebounded this month, with more people expecting increases in their wages, according to the University of Michigan Survey of Consumers released Friday.
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A new government reports shows the American economy contracted in the first quarter of the year for the second straight time.
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