Economy News Updates

GovernmentBusiness

Economy Continues to Expand Modestly, Fed Says

The economy continued to expand modestly from late February to early April in most of the country, and transportation generally strengthened in recent weeks, the Federal Reserve said.

April 16, 2014
GovernmentBusiness

FTR Trucking Conditions Index Increases in January

FTR’s Trucking Conditions Index rose to 8.82 in January, reflecting a “very positive environment†in the trucking business, the transportation forecasting firm said.

March 6, 2014
GovernmentBusinessFuel

US to Tighten Fuel Rules

President Obama last week said he would seek an additional set of carbon-dioxide emissions and fuel-economy improvements for heavy- and medium-duty trucks that would go beyond standards that take effect this year and in 2017.

February 24, 2014
GovernmentBusiness

Obama: Economy Ready for ‘Breakthrough’ in 2014

President Obama projected that 2014 would be a “breakthrough year†for the U.S. economy.

December 23, 2013
GovernmentBusiness

Economic Growth Will Benefit Trucking in 2014, ATA’s Costello Says

The U.S. economy should pick up next year to grow at a 2.5% pace and stimulate trucking demand, American Trucking Associations Chief Economist Bob Costello said.

December 12, 2013
GovernmentBusiness

Economy, Trucking to Improve in 2014, Analysts Say

ORLANDO, Fla. — 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 21, 2013
Special CoverageGovernmentBusiness

Economy, Trucking To Improve in 2014, Analysts Say

ORLANDO, Fla. — 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 “modest to moderate†pace†in late April and early May, with transportation services and manufacturing showing gains, the Federal Reserve said in a report.

June 5, 2013