Economy News Updates

Business

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, 2017
Business

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鈥 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.

June 19, 2017
Business

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鈥 perception of the world鈥檚 biggest economy deteriorated after Donald Trump鈥檚 election as president.

June 5, 2017
Business

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, 2017
Government, Business

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 鈥渁bout as low as it can go,鈥 former Federal Reserve Chairman Ben Bernanke said.

May 17, 2017
Government, Business

鈥榃arning Signs Are Getting Darker鈥 for the US Economy, Says CEO of World鈥檚 Largest Money Manager

Laurence Fink, CEO of BlackRock Inc., said the lackluster growth of the U.S. economy and uncertainty around the Trump administration鈥檚 ability to quickly pass key reforms pose a risk to markets.

April 20, 2017
Government, Business

Business Loves Trump But May Need Help to Start Spending Again

American companies are feeling confident again. Now it鈥檚 up to President-elect Donald Trump and Congress to get them spending again.

January 11, 2017
Government, Business

America鈥檚 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, 2016
Government, Business

Economists See Slow Growth for United States, Trucking

LAS VEGAS 鈥 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, 2016