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.
June 5, 2017Business
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.
June 5, 2017GovernmentBusiness
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.
May 17, 2017GovernmentBusiness
‘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.
April 20, 2017GovernmentBusiness
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.
January 11, 2017GovernmentBusiness
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.
October 11, 2016GovernmentBusiness
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.
October 10, 2016Special CoverageGovernmentBusiness
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.
October 2, 2016GovernmentBusiness
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.
June 16, 2016GovernmentBusiness
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.
June 13, 2016