Feb. New Home Sales Jump 5.3%

The rate at which new homes are being sold in the United States jumped 5.3% in February to an annualized pace of 875,000, a government report released Wednesday said.

Sean McNally | Staff Reporter
March 27, 2002

Views on U.S. Recovery Diverge

On a day when reports on consumer confidence and durable goods orders gave a murky picture of the nation's economic health, some leading economic officials gave differing opinions about the strength of a possible recovery, Reuters reported Tuesday.

Sean McNally | Staff Reporter
March 26, 2002

Truck Makers Roll Out New Products for Spring Show Season

With major truck shows being held around the country this spring, including this week’s 2002 Mid-America Trucking Show in Louisville, Ky., truck makers are rolling out new and improved products in the hopes of wooing customers.

Sean McNally | Staff Reporter
March 22, 2002

Economic Pointers Mixed, but Upbeat

The consumer price index, or the measure of what U.S. consumers are spending on goods, rose 0.2% for the second straight month in February, a government report said. It was one of three reports released Thursday that offered a mixed, but generally positive, view of the economy.

Sean McNally | Staff Reporter
March 21, 2002

UAW Accuses Freightliner of Intimidating Employees

Labor leaders say Freightliner LLC executives tried to intimidate workers voting Wednesday on an invitation to join the United Auto Workers union, the Associated Press reported. The charge came as DaimlerChrysler officials were pronouncing the restructuring of the heavy truck unit to be on schedule.

Sean McNally | Staff Reporter
March 20, 2002

Diesel Price Soars 3.5 Cents

The average price of diesel fuel in the United States jumped another 3.5 cents last week to $1.251 a gallon, the Department of Energy said Monday. Over the past three weeks, the price has risen 9.7 cents per gallon.

Sean McNally | Staff Reporter
March 19, 2002

Industrial Production Posts Second Straight Gain

The output of America’s factories, mines and utilities increased by 0.4% in February, according to a government report released Friday -- the second increase in as many months and first back-to-back gains since August-September of 2000.

Sean McNally | Staff Reporter
March 15, 2002

U.S. Inventories Rise 0.2%; First Gain in 12 Months

Inventories in the United States rose 0.2% in January, showing signs that businesses are increasing their stockpiles to meet future demand, a Commerce Department report said Thursday. It was the first increase in 12 months.

Sean McNally | Staff Reporter
March 14, 2002

Minn. Legislature Passes Bill Requiring Biodiesel Usage

Despite opposition from trucking groups and other users of diesel fuel, the Minnesota State House and State Senate passed a bill requiring the use of biodiesel additives in any diesel fuel sold in the state.

Sean McNally | Staff Reporter
March 13, 2002

Wholesale Inventories Fall 0.2%; Slowest Pace in 5 Months

Wholesale inventories fell for the eighth consecutive month in January, slipping 0.2%, a government report released Monday said.

Sean McNally | Staff Reporter
March 11, 2002