Low-Growth Economy Persists, Seen as Likely to Continue
LAS VEGAS — The low-growth U.S. economy remains durably in place and will probably continue plodding on as business leaders are hesitant to make the sort of investments that would boost gross domestic product, in general, and truck freight volumes, specifically.
More Americans See Economy Worsening Than at Any Time Since 2013
More Americans in June saw the economy worsening than at any time in more than 2 1/2 years, and a weekly gauge of consumer comfort also declined, according to figures from the Bloomberg Consumer Comfort Index released June 16.
ATA's Bob Costello: Economy to Stay Weak
Trucking should expect a generally weak economy in 2016, though the long-standing inventory glut should ease in a few months to make the freight market feel better than today’s uninspiring conditions, American Trucking Associations Chief Economist Bob Costello said.
US Economy Grew Faster Than Anticipated in First Quarter
The U.S. economy expanded at a slightly faster pace in the first quarter than previously estimated, as gross domestic product rose at a 0.8% annualized rate in the three months ended in March.
May 27, 2016Economy May Find It Hard to Spring Back From Weak Winter
For the third year in a row, the U.S. economy started the year with a dose of the blues as gross domestic product eked out a 0.5% annual gain, according to Commerce Department figures released April 28.
Early Warning Signs of Recession Flash Faintly in US Jobs Data
As the economy again started off the year on a sour note, the glass-half-full crowd pointed to the strength of the U.S. jobs market as a reason not to worry. As long as payrolls are racking up monthly gains of 200,000 or more, the economy remains in fine fettle, or so the optimists would have it.
Economic Growth in US Cracking Under Strain of Global Slowdown
Figures on retail sales and manufacturing Jan. 15 showed the world’s largest economy ended the year on a weak note, and the start of 2016 wasn’t better. The one saving grace was a pickup in consumer confidence, but that was mainly because households believed inflation will be low, making subdued wage gains look good by comparison.
Economy Grows More Than First Estimated on U.S. Stockpiles
The U.S. economy expanded at a faster pace in the third quarter than previously reported, reflecting a smaller hit from efforts to rein in bloated inventories.
November 24, 2015Americans' Outlook for US Economy Declines to Four-Month Low
Americans’ expectations for the economy sank to a four-month low in September as households fretted about financial markets and a global economic slowdown.
Economy Continues to Expand Modestly, Fed Says
The economy continued to expand modestly from late February to early April in most of the country, and transportation generally strengthened in recent weeks, the Federal Reserve said.
April 16, 2014