U.S. Recession Hurting Neighbors

The current recession in the United States has affected many of its trading partners, but none more than neighbors Canada and Mexico, the New York Times reported.

Sean McNally | Staff Reporter
December 17, 2001

Factory Orders Jump 7.1% in November

U.S. factory orders totaled $333.2 billion in October, for an increase of 7.1% compared with September, the Commerce Department reported Thursday.

Sean McNally | Staff Reporter
December 6, 2001

Emery to Drop Fleet, Fire Workers

CNF Inc., parent company to Emery Worldwide airlines, announced Wednesday that it will discontinue use of the company’s grounded air fleet and combine its Emery Worldwide, Menlo Logistics and Vector SCM subsidiaries under the new name Menlo Worldwide.

Sean McNally | Staff Reporter
December 5, 2001

NAPM Index Rises to 44.5; Still in Contraction

The National Association of Purchasing Management’s factory index rose 4.7 points to 44.5 in November, outperforming predictions but continuing to show contraction, Bloomberg said.

Sean McNally | Staff Reporter
December 3, 2001

House Approves Mexican Truck Deal

The U.S. House of Representatives on Friday voted 371 to 11 to grant Mexican trucks access to U.S. highways provided they meet stringent safety standards, news services reported.

Sean McNally | Staff Reporter
November 30, 2001

Defense Hardware Spurs Big Jump in Durable Goods Orders

U.S. orders for durable goods, boosted by a surge in defense hardware orders, jumped 12.8% in October, the largest single-month increase since the Commerce Department began tracking orders in 1992.

Sean McNally | Staff Reporter
November 29, 2001

Economy Still Soft, Fed's Beige Book Says

The U.S. economy is still in poor shape, the Federal Reserve said in the final edition in 2001 of its Commentary on Current Economic Conditions.

Sean McNally | Staff Reporter
November 28, 2001

Consumer Confidence Falls to 7½-Year Low

Consumer confidence is at a 7½ -year low, according to a Conference Board report released Tuesday.

Sean McNally | Staff Reporter
November 27, 2001

Diesel Falls Once Again, Down to $1.269

The average price of diesel fuel fell 2.2 cents last week to $1.269, its lowest price since Nov. 15, 1999, when the price was $1.261, according to a Department of Energy report released Tuesday.

Sean McNally | Staff Reporter
November 13, 2001

Crash Investigation Leading Away from Terrorism

The investigation into the crash of American Airlines Flight 587 is leading authorities away from suspicions of a terrorist event and toward the possibility of mechanical failure, news services reported.

Sean McNally | Staff Reporter
November 13, 2001