Government, Business

US Trade Gap Narrows 7.6% to $47.2 Billion in October

Shipping container is lifted off the back of a truck on Seattle's Harbor Island A shipping container is lifted off of a truck at a terminal on Harbor Island in Seattle on Oct. 2, 2019. The trade gap still is 1.3% wider so far this year than it was in January-October 2018. (Elaine Thompson/Associated Press)

WASHINGTON — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped.

Paul Wiseman | Associated Press
December 5, 2019
Government, Business

DHL Index on Strength of International Economy Shows Only Slight Dip

Port in Qingdao, China Containers are piled up at a port in Qingdao in east China's Shandong province. (Chinatopix via AP)

Despite persistent concerns of a worldwide economic slowdown, a new report from logistics and shipping company DHL says international trade remains strong, with only a slight decline in its overall DHL Global Connectedness Index.

Dan Ronan | Associate News Editor
December 5, 2019
Government, Business, Equipment

ELFA: October Equipment Financing and Leasing Up 14%

Signing documents Getty Images

An index that measures equipment financing and leasing trends showed business activity in October up 14% year-over-year.

Jim Stinson | Staff Reporter
November 27, 2019
Government, Business, Equipment

US Economy Grew at Moderate 2.1% Annual Rate Last Quarter

GM cars on sales lot Daniel Acker/Bloomberg

WASHINGTON — The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter.

November 27, 2019
Government, Business

Quality Trails Quantity in US Job Market, Index Shows

Jobs Tim Boyle/Bloomberg News

If quality is more important than quantity, the U.S. labor market isn’t as good as the headline numbers indicate, according to new research.

Katia Dmitrieva | Bloomberg News
November 14, 2019
Government, Business, Equipment

Economist Noel Perry Sees US Recession Looming in Late 2020

Trucks Getty Images

In the trucking, freight and logistics industry, when economist Noel Perry talks, people listen.

Dan Ronan | Associate News Editor
November 13, 2019
Government, Business

US Consumer Comfort Falls to Seven-Month Low on Finance Views

Shoppers at JCPenney Shoppers at a new JCPenney store Nov. 1, 2019, in Hurst, Texas. (Rex Curry/AP Images for JCPenney)

U.S. consumer comfort fell to the lowest level since March as ratings of the economy, personal finances and the buying climate all slumped, a potential sign of faltering in the strong support consumers are giving the expansion.

William Edwards | Bloomberg News
November 7, 2019
Government, Business

US Services Companies’ Growth Rebounds in October

Man serving drink Barista Porter Hahn makes an iced coffee drink for a customer in a coffee shop in Seattle on Nov. 4, 2019. (Elaine Thompson/Associated Press)

WASHINGTON — Growth in the vast U.S. service sector rebounded in October after sinking to a three-year low in September, causing concern for investors and economists.

Matt Ott | Associated Press
November 5, 2019

Americans Are Unhappy at Work After Years of Economic Gains

A worker shapes and drills a wooden tap handle A worker shapes and drills a wooden tap handle at the Hankscraft AJS manufacturing facility in Random Lake, Wis., on June 27, 2019. (Patrick Mouzawak/Bloomberg News)

The economy has added millions of jobs and pay gains have accelerated in recent years, but Americans aren’t crazy about their work.

Reade Pickert | Bloomberg News
October 23, 2019
Government, Business

US Small-Business Optimism Drops to Near Lowest Mark of Trump Era

Businesswoman poses in her chocolate shop Annie Rupani, owner of Cacao & Cardamom chocolate shop in Houston, smiles inside one of her stores Sept. 16, 2019. (David J. Phillip/Associated Press)

U.S. small-business sentiment fell to near the lowest level of Donald Trump’s presidency, as tariffs and economic uncertainty increasingly weigh on the outlook for owners across the country.

William Edwards | Bloomberg News
October 8, 2019