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Economic indicators coming out of the U.S. Census Bureau Friday were mixed, as the government announced that retail and food services sales were down 1.2 percent in May, while business inventories gained 0.4 percent in April
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Unemployment moved down in November to its lowest level in five years and with it trucking added the most jobs in several months.
Read More →LAS VEGAS - A panel discussion on the economy indicated that the economy and trucking will continue to see slow but steady growth of around 2% GDP through 2013, barring something like a total financial crisis in the Eurozone or the unlikely aspect of Congress driving the country over the "financial cliff" looming at the end of the year
Read More →U.S. consumer spending fell slightly in January as gasoline prices remained low, according to new Commerce Department report released Monday.
Read More →The U.S. economy may be closer to seeing the end of the recession. On Tuesday morning The Conference Board reported its index of Leading Economic Indicators in December posted its biggest gain since February 1996 to 111.4
Read More →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.
Read More →It's been a steep downhill slide, the worst in decades, and recovery will be slow, but there are indications that we are approaching the bottom, says Bob Costello, chief economist for the American Trucking Associations. "We are just starting to see signs of economic life," Costello said Thursday by way of introduction to a Web-based overview of the outlook for the economy and trucking in particular
Read More →Growth in the overall American economy in the final quarter of last year improved by double the government's initial estimate, according to a U.S. Commerce Department report released Friday. A separate reports shows the country’s manufacturing sector is still sluggish but housing continues to do well.
Read More →The latest economic news leading up to the Christmas holiday was generally pretty good, despite an overall reduction in the Gross Domestic Product
Read More →The widest measure of U.S. economic growth slowed in not just the final quarter of last year but for all of 2016. However, that performance wasn’t so much due to weakness here at home.
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