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.
April 28, 2016GovernmentBusiness
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, 2016GovernmentBusiness
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.
April 19, 2016GovernmentBusiness
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.
January 15, 2016GovernmentBusiness
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, 2015GovernmentBusiness
Americans' 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.
September 17, 2015GovernmentBusiness
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, 2014GovernmentBusiness
FTR Trucking Conditions Index Increases in January
FTR’s Trucking Conditions Index rose to 8.82 in January, reflecting a “very positive environment” in the trucking business, the transportation forecasting firm said.
March 6, 2014GovernmentBusinessFuel
US to Tighten Fuel Rules
President Obama last week said he would seek an additional set of carbon-dioxide emissions and fuel-economy improvements for heavy- and medium-duty trucks that would go beyond standards that take effect this year and in 2017.
February 24, 2014GovernmentBusiness
Obama: Economy Ready for ‘Breakthrough’ in 2014
President Obama projected that 2014 would be a “breakthrough year” for the U.S. economy.
December 23, 2013