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Economists who closely follow the transportation and trucking industry say the next month will be critical as to whether the economy avoids a recession in 2020 as concerns over the spread of the coronavirus mount.

AURORA, Colo. — It is unlikely in 2020 both the U.S. economy and the trucking industry will soar to the levels they did in 2018, but that doesn’t mean the year won’t see adequate growth to continue the expansive economic recovery, according to ATA Chief Economist Bob Costello.

U.S. small businesses found it a little easier to fill jobs in December, consistent with a moderating, yet still-robust, labor market, National Federation of Independent Business data showed Jan. 9.

Even as the Trump administration is set to sign phase one of the trade agreement with China, consumers and American businesses continue to feel the impact of the U.S.-China trade war.

WASHINGTON — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting in December, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year.

WASHINGTON — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped.

Despite persistent concerns of a worldwide economic slowdown, a new report from logistics and shipping company DHL says international trade remains strong, with only a slight decline in its overall DHL Global Connectedness Index.

An index that measures equipment financing and leasing trends showed business activity in October up 14% year-over-year.

WASHINGTON — The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter.