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Consumer Confidence Declines in February
U.S. consumer confidence fell this month from a two-year high in January, according to the University of Michigan鈥檚 monthly consumer sentiment index released Friday.
February 16, 2007Housing Starts Plunge to Lowest Level Since 1997
New housing starts plunged 14.3% in January to their lowest level in 10 years, the Commerce Department said Friday.
February 16, 2007January Producer Price Index Declines 0.6%
The producer price index fell 0.6% in January, but the 鈥渃ore鈥 rate rose, the Labor Department reported Friday.
February 16, 2007Parts of Pennsylvania Interstates Closed Following Ice Storm
A thick layer of ice kept parts of major highways closed in Pennsylvania Friday morning, a day after hundreds of drivers became stranded on a hilly stretch of Interstate 78 that was hit by this week鈥檚 big snow and ice storm, the Associated Press reported.
February 16, 2007New York State Manufacturing Index Jumps in February
Manufacturing growth in New York state rebounded in February from January, the Federal Reserve Bank of New York said Thursday.
February 15, 2007U.S. Import Prices Decline in January, Labor Department Reports
The price of goods imported to the United States fell 1.2% in January, the most in three months, the Labor Department said Thursday.
February 15, 2007Demand Grows for Transportation Sales Agents
A time-honored axiom of business is that everything begins with a sale. It鈥檚 a truism that seems especially apt in the transportation industry. After all, motor carriers need to find freight to fill their trailers. Shippers need to find carriers to haul their commodities.
Schneider, DHL Stepping Up Operations in China
Truckload carrier Schneider National said Thursday it received a business license from the Chinese government to begin trucking and logistics operations in that country.
February 15, 2007Philadelphia Factory Index Near Flat in February
Manufacturing levels in the Philadelphia area fell back to a near-flat level this month following a big jump in January, the Federal Reserve Bank of Philadelphia said Thursday.
February 15, 2007January Retail Sales Unchanged; Rise 0.3% Excluding Autos
U.S. retail sales were unchanged in January following a 1.2% gain in December, the Commerce Department said Wednesday.
February 14, 2007