Jobless Claims Show Tight Labor Market, Even With Increase
The slight gain in filings for U.S. unemployment benefits last week is still consistent with a resilient job market, Labor Department figures showed June 22.
June 22, 2017Home-Sales Pickup Signals Market Withstanding Weak Supply
ATA Economic Summit Will Assess Health of Key Industries Using Trucking Services
Fleet executives will get a chance to check out the health of their customers’ industries at an economic summit, where chief economists from nine trade associations provide briefings on the current state of those business groups and what is expected in coming months.
US Slips in Global Competitiveness Ranking as China Shoots Up
The United States fell out of the top three in a global competitiveness ranking, as executives’ perception of the world’s biggest economy deteriorated after Donald Trump’s election as president.
Solid Pace of Expansion in US Services Shows Firmer Economy
Industries making up the bulk of the U.S. economy continued to expand at a solid pace in May, adding to signs of steady growth this quarter, a survey from the Institute for Supply Management showed June 5.
Bernanke Says Economy Nearing Capacity With Jobless Rate Low
The U.S. economy should continue to deliver moderate growth but there is limited scope to pick up that pace with the jobless rate “about as low as it can go,” former Federal Reserve Chairman Ben Bernanke said.
‘Warning Signs Are Getting Darker’ for the US Economy, Says CEO of World’s Largest Money Manager
Laurence Fink, CEO of BlackRock Inc., said the lackluster growth of the U.S. economy and uncertainty around the Trump administration’s ability to quickly pass key reforms pose a risk to markets.
Business Loves Trump But May Need Help to Start Spending Again
American companies are feeling confident again. Now it’s up to President-elect Donald Trump and Congress to get them spending again.
America’s New Normal Will Look Pretty Slow, Fed Economist Says
The new normal for long-run U.S. economic growth could be 1.5% to 1.75% a year, a major slowdown from the 1990s and early 2000s as an aging population, more gradual gains in education and weak productivity growth take their toll.
Economists See Slow Growth for United States, Trucking
LAS VEGAS — The low-growth U.S. economy remains in place and will probably continue plodding along as business leaders are hesitant to make the sort of investments that boost gross domestic product, in general, and truck freight volumes, specifically.