Economy News Updates

GovernmentBusinessTechnologyEquipment

Trump’s Manufacturing Revival Faces Sharp Job Losses

Manufacturing payrolls fell for the fourth straight month in August, slipping by 12,000 from a month earlier, Bureau of Labor Statistics data released Sept. 5 showed.

September 5, 2025
BusinessLogistics

Freight Market Showed Hopeful Signs in Q2

The freight market showed signs of recovery in the second quarter despite ongoing issues preventing it from truly turning a corner, according to experts.

September 5, 2025
GovernmentBusinessEquipmentLogistics

Canada’s EQB Sees Sharpest Stock Drop Since 2020

High unemployment and interest rates have historically contributed to more people defaulting on their mortgages, particularly in the Greater Toronto Area.

August 28, 2025
GovernmentBusinessTechnologyEquipment

Apple, Nvidia Lead Historic Corporate Buyback Wave

Announced buybacks surpassed $1 trillion on Aug. 20, marking the shortest amount of time needed to reach that level, according to data compiled by Birinyi Associates.

August 28, 2025
GovernmentBusiness

Fed Sees 9% Chance Rates Fall Back to Zero

The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to a group of New York Fed researchers.

July 7, 2025
BusinessLogistics

Truck Tonnage Ticks Down 0.1% Sequentially in May

The freight market has remained choppy, with demand not demonstrating any clear patterns during the month of May, American Trucking Associations reported June 24.

June 26, 2025
BusinessLogistics

REPLAY: Understanding the Outlook for Freight and Trade with ATA’s Bob Costello

How could the federal spending bill impact trucking? And what market trends should you be watching? ATA Chief Economist Bob Costello joins Seth Clevenger to break down current economic conditions and deliver his outlook for the back half of 2025 and beyond.

June 25, 2025
GovernmentBusiness

Retail Sales Fall 0.9% in May as Americans Turn Cautious

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports.

June 17, 2025
GovernmentBusiness

World Bank Warns 2020s Face Weakest Global Growth Since ’60s

The World Bank on June 10 cut its forecast for global growth this year and warned that the 2020s are on track for the weakest performance for any decade since the first Apollo moon landing.

June 10, 2025
GovernmentBusiness

Trump Trade War to Hobble US Growth, OECD Says

U.S. economic growth will slow to 1.6% this year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers frozen by uncertainty.

June 3, 2025