Economy News Updates

Special CoverageGovernmentBusiness

Economy, Trucking To Improve in 2014, Analysts Say

ORLANDO, Fla. 鈥 Trucking and U.S. economic trends continue along a familiar path of slow, steady improvement that is likely to carry into next year, three industry experts said

October 20, 2013
GovernmentBusiness

IMF Cuts Global Growth Forecast Amid Uncertainty in U.S.

The International Monetary Fund cut its global outlook for this year and next, warning that a U.S. government default could seriously damage the world economy, Bloomberg News reported.

October 9, 2013
GovernmentBusinessFuel

U.S. Eyes More Truck Rules

President Obama last week announced that the administration will begin work on a new round of fuel-economy standards that will apply to heavy- and medium-duty trucks starting in 2019.

July 1, 2013
GovernmentBusiness

Economy Grew Modestly in May, Fed Says; Trucking Execs Cite Growth, Concerns

The U.S. economy improved at a 鈥渕odest to moderate鈥 pace鈥 in late April and early May, with transportation services and manufacturing showing gains, the Federal Reserve said in a report.

June 5, 2013
EditorialGovernmentBusiness

Editorial: Our Resilient Economy

The latest financial data show that the U.S. economy has exhibited amazing resilience in recent months, despite the fear and uncertainty that some political developments in Washington have spread and that many analysts feared would paralyze the nation鈥檚 recovery from the Great Recession.

June 3, 2013
GovernmentBusiness

Economy, Transport Services Show Modest Growth, Fed 鈥楤eige Book鈥 Says

The U.S. economy improved at a moderate pace in March, with transportation services and manufacturing showing gains, the Federal Reserve said.

April 17, 2013
EditorialGovernmentBusiness

Editorial: Growing 鈥楥liff鈥 Worries

Concerns about the 鈥渇iscal cliff鈥 seem to be spreading into lots of unexpected places, including the heart of the trucking industry.

December 10, 2012
GovernmentBusiness

ISM Services Index Slips in October

An index of the U.S. economy鈥檚 service sector declined in October, the Institute for Supply Management said Monday.

November 5, 2012
EditorialGovernmentBusiness

Editorial: Surviving the 鈥楩iscal Cliff鈥

The 鈥渇iscal cliff鈥 lurks as a major potential danger, and not far down the road. The danger is to us all, in the form of higher taxes, spending cuts in vital areas and what a failure to act might mean to the country鈥檚 psyche.

October 29, 2012
GovernmentBusiness

U.S. to Show Modest Growth in 2013, Economists Tell MCE

LAS VEGAS 鈥 If Congress and the president can avoid a 鈥渟elf-inflicted鈥 recession early next year, the U.S. economy in general, and trucking specifically, will probably keep limping along with very modest growth in 2013, economists said here Tuesday at American Trucking Associations鈥 Management Conference & Exhibition.

October 10, 2012