Economy News Updates

Business

ATA Economic Summit Will Assess Health of Key Industries Using Trucking Services

Fleet executives will get a chance to check out the health of their customers’ industries at an economic summit, where chief economists from nine trade associations provide briefings on the current state of those business groups and what is expected in coming months.

June 19, 2017
Business

US Slips in Global Competitiveness Ranking as China Shoots Up

The United States fell out of the top three in a global competitiveness ranking, as executives’ perception of the world’s biggest economy deteriorated after Donald Trump’s election as president.

June 5, 2017
Business

Solid Pace of Expansion in US Services Shows Firmer Economy

Industries making up the bulk of the U.S. economy continued to expand at a solid pace in May, adding to signs of steady growth this quarter, a survey from the Institute for Supply Management showed June 5.

June 5, 2017
Government, Business

Bernanke Says Economy Nearing Capacity With Jobless Rate Low

The U.S. economy should continue to deliver moderate growth but there is limited scope to pick up that pace with the jobless rate “about as low as it can go,” former Federal Reserve Chairman Ben Bernanke said.

May 17, 2017
Government, Business

‘Warning Signs Are Getting Darker’ for the US Economy, Says CEO of World’s Largest Money Manager

Laurence Fink, CEO of BlackRock Inc., said the lackluster growth of the U.S. economy and uncertainty around the Trump administration’s ability to quickly pass key reforms pose a risk to markets.

April 20, 2017
Government, Business

Business Loves Trump But May Need Help to Start Spending Again

American companies are feeling confident again. Now it’s up to President-elect Donald Trump and Congress to get them spending again.

January 11, 2017
Government, Business

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, 2016
Government, Business

Economists 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, 2016
Special Coverage, Government, Business

Low-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, 2016