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Construction Spending Falls 1.1%

Construction spending fell 1.1% December, the Commerce Department said Friday.

February 1, 2008

Consumer Sentiment Improves in January

U.S. consumer confidence rose in January, according to the University of Michigan’s monthly consumer sentiment index released Friday.

February 1, 2008

New Border Security Rules Take Effect

New rules for the types of identification that U.S. and Canadian citizens must present to cross into the country took effect Thursday and authorities were optimistic the changes would not cause significant delays, the Associated Press reported.

January 31, 2008

Personal Spending Rises at Slowest Pace in Six Months

Consumer personal spending rose at a rate of 0.2% in November, the slowest in six months, the Commerce Department said Thursday.

January 31, 2008

NAFTA Surface Trade Climbs 8.6%

Surface trade among the United States, Canada and Mexico jumped 8.6% in November from a year earlier, the Department of Transportation said Thursday.

January 31, 2008

GDP Growth Rate Slows to 0.6% in 4Q

The economy expanded at a 0.6% annual growth rate in the fourth quarter, slowing from the third quarter’s 4.9% rate, the Commerce Department said Wednesday.

January 30, 2008

UPS Takes $2.58 Bln. 4Q Loss on Pension Charge

UPS Inc. said Wednesday it lost $2.58 billion in the fourth quarter, primarily due to a big charge to exit a union pension plan.

January 30, 2008

Letters to the Editor: HOS, Roundabouts, Infrastructure Panel

If there ever was a segment of the transportation industry that needed an overhaul, it’s trucking.

January 30, 2008

Oberstar Criticizes NTSB on I-35W Bridge

Rep. James Oberstar (D-Minn.), chairman of the House Transportation and Infrastructure Committee, last week criticized the chairman of the National Transportation Safety Board for suggesting a design flaw was a key factor in the Interstate 35W bridge collapse in Minneapolis.

January 29, 2008