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Producer Price Index Shows Record Drop

Prices paid to U.S. producers fell by the most on record in October, falling 2.8%, the Labor Department said Tuesday.

November 18, 2008

Obama May Reverse Bush Policy on Denial of Emissions Waiver

Reversing Bush administration policies, including its denial of California’s request for a waiver allowing the state to regulate automobile greenhouse-gas emissions, could be high on President-elect Barack Obama’s agenda in January, some observers said.

November 17, 2008

N.Y. ‘Empire State’ Manufacturing Index Contracts Sharply

Manufacturing growth in New York state contracted this month at the fastest pace on record, the Federal Reserve Bank of New York said Monday.

November 17, 2008

Canadian Report Highlights Biodiesel Concerns

Adding biodiesel to Canada’s existing fuel storage, blending and distribution infrastructure could spur a host of problems for the country's distillate market, the Canadian Trucking Association said.

November 17, 2008

Diesel Continues to Slide, Dropping 13.5¢ to $2.809

Diesel fuel’s national average price continued to slide, falling another 13.5 cents to $2.809 a gallon, the Department of Energy said Monday.

November 18, 2008

Consumer Sentiment Index Remains Near 28-Year Low

U.S. consumer confidence rose slightly but remained near a 28-year low this month, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index, released Friday.

November 14, 2008

Post Office Is $2.8 Billion in Red

The United States Postal Service was $2.8 billion in the red in the fiscal year ended in September, the Associated Press reported Thursday.

November 14, 2008

Business Inventories Take Largest Drop in Three Years

Business inventories fell 0.2% in September, the largest decline in three years, the Commerce Department said Friday.

November 14, 2008

Great Dane to Close Georgia Reefer Plant

Great Dane Trailers said it plans to close its refrigerated trailer manufacturing plant in Savannah, Ga., in January, due to the economic downturn’s effect on the transportation industry and the need for more efficient production.

November 14, 2008