America’s New Normal Will Look Pretty Slow, Fed Economist Says
The new normal for long-run U.S. economic growth could be 1.5% to 1.75% a year, a major slowdown from the 1990s and early 2000s as an aging population, more gradual gains in education and weak productivity growth take their toll.
October 11, 2016Economists See Slow Growth for United States, Trucking
LAS VEGAS — The low-growth U.S. economy remains in place and will probably continue plodding along as business leaders are hesitant to make the sort of investments that boost gross domestic product, in general, and truck freight volumes, specifically.
October 10, 2016Low-Growth Economy Persists, Seen as Likely to Continue
LAS VEGAS — The low-growth U.S. economy remains durably in place and will probably continue plodding on as business leaders are hesitant to make the sort of investments that would boost gross domestic product, in general, and truck freight volumes, specifically.
October 2, 2016More Americans See Economy Worsening Than at Any Time Since 2013
More Americans in June saw the economy worsening than at any time in more than 2 1/2 years, and a weekly gauge of consumer comfort also declined, according to figures from the Bloomberg Consumer Comfort Index released June 16.
June 16, 2016ATA's Bob Costello: Economy to Stay Weak
Trucking should expect a generally weak economy in 2016, though the long-standing inventory glut should ease in a few months to make the freight market feel better than today’s uninspiring conditions, American Trucking Associations Chief Economist Bob Costello said.
June 13, 2016US Economy Grew Faster Than Anticipated in First Quarter
The U.S. economy expanded at a slightly faster pace in the first quarter than previously estimated, as gross domestic product rose at a 0.8% annualized rate in the three months ended in March.
May 27, 2016Economy May Find It Hard to Spring Back From Weak Winter
For the third year in a row, the U.S. economy started the year with a dose of the blues as gross domestic product eked out a 0.5% annual gain, according to Commerce Department figures released April 28.
April 28, 2016Early Warning Signs of Recession Flash Faintly in US Jobs Data
As the economy again started off the year on a sour note, the glass-half-full crowd pointed to the strength of the U.S. jobs market as a reason not to worry. As long as payrolls are racking up monthly gains of 200,000 or more, the economy remains in fine fettle, or so the optimists would have it.
April 19, 2016Economic Growth in US Cracking Under Strain of Global Slowdown
Figures on retail sales and manufacturing Jan. 15 showed the world’s largest economy ended the year on a weak note, and the start of 2016 wasn’t better. The one saving grace was a pickup in consumer confidence, but that was mainly because households believed inflation will be low, making subdued wage gains look good by comparison.
January 15, 2016Economy Grows More Than First Estimated on U.S. Stockpiles
The U.S. economy expanded at a faster pace in the third quarter than previously reported, reflecting a smaller hit from efforts to rein in bloated inventories.
November 24, 2015