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NewsJuly 25, 2002

Durables Sink While Houses Soar

A rebound of the American economy may not be as strong as originally hoped, with news that shipments and orders for durable goods fell in June

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NewsJuly 17, 2002

Lufkin Sees Improvement in Trailer Demand

A pickup in volumes and backlog for trailer products indicates that the domestic economy is improving, says Douglas Smith, president and CEO of Lufkin Industries

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NewsJuly 9, 2002

Connecticut Truckers Rocked By Diesel Tax Hike

Truckers in Connecticut are upset about a large increase in the state’s diesel fuel tax. Many states have been looking to fuel tax revenues to help shore up ailing transportation budgets in the face of a lackluster economy, but Connecticut’s 44-percent increase takes the cake

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NewsJune 27, 2002

First Quarter GDP Expands More Than 6%

The U.S. economy grew at a rapid pace in the first quarter of the year, with the gross domestic product registering a 6.1% annual increase

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NewsJune 14, 2002

Industrial Production Up, Business Inventories Down

The U.S. economy appears to be looking better, with news Friday that industrial production increased for the fifth month in a row during May while business inventories fell for the 15th straight month during April

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NewsJune 13, 2002

Reports Showed Mixed Signals For Economic Recovery

Several indicators are giving mixed signals about how well the economy is performing as well as how things may look down the road

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NewsMay 28, 2002

Economic Reports Show Slow Growth

A slew of economic reports released Tuesday morning paint a picture of a U.S. economy that will most likely be slow in its recovery

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NewsMay 24, 2002

Revised GDP Shows Brisk Increase For First Quarter

The U.S. economy posted its strongest performance in almost two years during the first quarter of 2002, according to the U.S. Commerce Department

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NewsMay 7, 2002

Orders Double for International Class 8 Trucks

Orders for new International Class 8 trucks have doubled in the last couple of months, but Truck Group President Steve Keate remains optimistic that the upturn is mainly due to the economy, not pre-buying to beat Oct. 1 emissions

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NewsApril 30, 2002

Order Upturn is Mostly Prebuy, Says Paccar

Paccar has increased production of its Kenworth and Peterbilt trucks, but is cautioning investors that the recent upturn in Class 8 demand may have little to do with the economy

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