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The overall April increase was less than a consensus forecast of economist polled by Reuters, increasing concerns that these and other economic indicators show the economy is not as robust in the second quarter of the year as it was during the first quarter.
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Despite some encouraging reports over the past several weeks, the latest unemployment numbers suggest an economic recovery may still be further off than expected.
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 American Trucking Associations delivered its second quarter report Tuesday, outlining an industry, and an economy, struggling to overcome recession. Chief Economist Bob Costello pulled no punches about our precarious recovery, yet offered a generally bright look toward the future in the webinar. "In terms of a summary, I am cautiously optimistic that we can have a better second half of the year," Costello said. "But it is not a given.
Read More →FTR Associates says the outlook for the 2012 trucking industry is fair. In FTR's "State of Freight" webinar late last week, analysts addressed the overall economy as well as specifics about trucking and oil, a particularly hot topic because of climbing prices
Read More →The U.S.-China trade agreement on Nov. 16 clears the last major hurdle for China to join the World Trade Organization (WTO) early next year. This will open the huge Chinese market to the world economy and strengthen both the truck equipment and truck freight markets in the U.S
Read More →The Conference Board's index of leading economic indicators rose 0.1% in April after three consecutive declines
Read More →Retail sales have posted their biggest drop in 10 years
Read More →FTR's Trucking Conditions Index, as reported in the February 2012 Trucking Update, increased in December to a reading of 7.0
Read More →While American’s are split on how President Obama is handling the economy, the latest numbers out show things are decidedly on the upswing, with increasing consumer confidence, rising home prices and steady job gains.
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