Diesel Price 0.2 Cent; Third Straight Weekly Decline
The average price of diesel fuel at the nation's pumps dropped two-tenths of a cent last week to stand at $1.302 cents per gallon, the Department of Energy reported Monday.
U.S. Begins Filling Up Oil Reserve
The Department of Energy began filling up the Strategic Petroleum Reserve this month on schedule.
Energy Costs Push CPI Up 0.3% in March
Led by a surge in energy costs, U.S. consumer prices rose 0.3% in March, which was less than Wall Street analysts had been expecting, news services said..
Rising Price of Oil Pushes Retail Sales, PPI Up in March
Two economic reports released Friday offered mixed signals about the economy, as retail sales increased 0.2% in March and the producer price index rose 1%. The final numbers in both reports were clouded by the recent spike in oil prices.
Economic Picture Still Hazy for Trucking, Railroads
The U.S. freight-hauling sector cannot yet say it has left the recession behind, the latest data show, despite widespread reports that the economy is in a recovery.
Manufacturing Index, Construction Spending Rise
A key manufacturing index rose to 55.6 in March from 54.7 in February, the second straight increase after a 19-month slump, the Institute for Supply Management said.
U.S. GDP Up 1.7%; Signaling Growth
The U.S. economy expanded at an annual rate of 1.7% in the fourth quarter of 2001, the fastest pace in a year, as consumer and government spending grew despite the recession, a government report showed Thursday.
Consumer Confidence Index Surges in March
Optimism about the U.S. job market helped pushed the consumer confidence index to 110.2 in March from 95 the month before, the New York-based Conference Board said Tuesday.
Transportation, Defense Orders Push Durables Up 1.5%
New orders for durable goods increased 1.5% in February, the third consecutive monthly increase, but a closer look at the report issued by the Commerce Department on Tuesday raised some questions about the overall strength of the recovery..
U.S., Mexico Finalize Border Security Pact
The White House has agreed to a new border security pact with Mexico aimed at catching terrorists while speeding legitimate trade, New York Times reported Friday.