Economy News Updates

Government, Business, Perspective

Perspective: An Unexpectedly Good Job Market

With labor market data for the 2010s behind us after the employment report released earlier this month, the big takeaway for the decade is that a much higher level of employment was possible without generating inflation.

January 22, 2020
Business

Smaller Share of US Small Businesses Unable to Fill Positions

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.

January 9, 2020
Government, Business, Fuel

Two Federal Studies Say Trade War With China Is Damaging US Economy

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.

January 9, 2020
Government, Business

Federal Reserve Saw Declining Recession Risk in December

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.

January 3, 2020
Government, Business

US Trade Gap Narrows 7.6% to $47.2 Billion in October

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

December 5, 2019
Government, Business

DHL Index on Strength of International Economy Shows Only Slight Dip

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.

December 5, 2019
Government, Business, Equipment

ELFA: October Equipment Financing and Leasing Up 14%

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

November 27, 2019
Government, Business, Equipment

US Economy Grew at Moderate 2.1% Annual Rate Last Quarter

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.

November 27, 2019
Government, Business

Quality Trails Quantity in US Job Market, Index Shows

If quality is more important than quantity, the U.S. labor market isn’t as good as the headline numbers indicate, according to new research.

November 14, 2019
Government, Business, Equipment

Economist Noel Perry Sees US Recession Looming in Late 2020

In the trucking, freight and logistics industry, when economist Noel Perry talks, people listen.

November 13, 2019