ATA's Bob Costello: Forecasting the Shifting Business Climate
ATA Chief Economist Bob Costello talks with TT's Daniel Bearth about the shifting business climate for trucking, part of our July 12 LiveOnWeb program on the 2017 Top 100 For-Hire Carrier rankings. (Joseph Terry/Transport Topics)
July 13, 2017US Economic Growth ‘Slight to Moderate’ in Recent Weeks
Economic growth in recent weeks ranged from “slight to moderate” across the U.S. central bank’s regional districts as wages and inflation remained generally subdued, a Federal Reserve survey showed.
Americans' Views of Economy Dim in Weekly Consumer Comfort Gauge
Americans’ perceptions about the economy took a big step back last week even as their views about their own finances and the buying climate stabilized, Bloomberg Consumer Comfort Index figures showed June 6.
Tepid Consumer Spending Keeps Economic Rebound On Track
The tepid pace of U.S. consumer spending in May was nevertheless enough to keep the economy on track for a rebound in the second quarter, helped by income gains.
June 30, 2017Narrower Trade Gap May Boost Growth Pace in Second Quarter
The narrower U.S. merchandise trade deficit and increases in inventories may boost analysts’ tracking estimates of economic growth this quarter.
Consumer Confidence Unexpectedly Rises
An unexpected rebound in U.S. consumer confidence reflects a buoyant labor market and improved business conditions.
IMF Cuts US Economy Outlook, Calls Trump's Growth Target Unlikely
The International Monetary Fund cut its outlook for the U.S. economy, removing assumptions of President Donald Trump’s plans to cut taxes and boost infrastructure spending to spur growth.
Slowdown in Business-Equipment Orders May Weigh on Growth
Commerce Department data showed an unexpected decline in U.S. orders for business equipment.
June 26, 2017Ohio EPA to Lower Nitrogen Oxide Output; Effort to Be Funded by $71.4 Million from VW
Ohio expects to receive $71.4 million from the Volkswagen Mitigation Trust Agreement between 2017 and 2027 to fund projects to reduce nitrogen oxide emissions from commercial trucks and other sources in the transportation sector, the Ohio Environmental Protection Agency said.
Surging Prices for New Homes Suggest Tight Low-End Supply
Record prices for new U.S. homes amid a sales pickup indicate the supply of houses may be tight at the lower end of the market, pinching first-time buyers, government data showed June 23.