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Housing Starts, Building Permits Improve

Housing starts rose in March, while building permits increased to the highest level in almost a year and a half, the Commerce Department said Friday.

April 16, 2010

Oil Takes Biggest Drop in 10 Weeks

Oil fell by the most in 10 weeks Friday, tumbling more than $2 to just over $83 a barrel as stocks declined, Bloomberg reported.

April 16, 2010

CSA Is ‘A Win-Win’ for Government, Industry, FMCSA Official Tells Brokers

TUCSON, Ariz. — An official with the Federal Motor Carrier Safety Administration told anxious freight brokers here the agency’s new safety ratings system would not significantly alter their business landscape.

April 16, 2010

Philadelphia Factory Index Rises

Manufacturing levels in the Philadelphia region expanded in March at the fastest pace in four months, the Federal Reserve Bank of Philadelphia said Thursday.

April 15, 2010

Industrial Production Improves, Led by Factory Output

Industrial production rose 0.1% in March, following a 0.2% gain in February, the Federal Reserve said Thursday.

April 15, 2010

Jobless Claims Increase for Week

Initial jobless claims rose by 24,000 last week, in part due to the volatility around the Easter holiday, the Labor Department said Thursday.

April 15, 2010

New York Manufacturing Index Rises

Manufacturing activity in the New York region grew this month for the ninth consecutive month, the Federal Reserve Bank of New York said Thursday.

April 15, 2010

Fed Report Shows Improved Transport Activity

The U.S. economy improved in most of the Federal Reserve’s 12 districts in March, with the transportation sector improving in most areas, the Fed said.

April 15, 2010

Oil Falls for Sixth Time in Seven Days

Oil declined for the sixth time in seven days Thursday, falling 33 cents to $85.51 a barrel, Bloomberg reported.

April 16, 2010

DOT Freight Transportation Index Declines in February

The Department of Transportation’s freight transportation services index for February fell 2% from a year earlier but rose from January, DOT said.

April 14, 2010