Diesel’s national average pump price fell for a 12th straight week, declining 3 cents to $3.648 a gallon, while gasoline fell for a 13th week, the Department of Energy said.
July 3, 2012Search
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Obama Signs Short-Term Highway Bill
President Obama signed a short-term version of the highway bill as Congress works to get him the full legislation to fund federal transportation programs through September 2014, the Associated Press reported.
July 2, 2012Construction Spending Climbs to More Than Two-Year High
Construction spending rose in May to the highest level in more than two years, the Commerce Department said Monday.
July 2, 2012ISM Manufacturing Index Contracts for First Time in Three Years
U.S. manufacturing activity contracted for the first time since July 2009, the Institute for Supply Management said Monday.
July 2, 2012Oil Falls Following Friday’s $7 Surge
Oil fell more than $1 in early trading Monday after jumping more than $7 on Friday to finish last week near $85 a barrel, Bloomberg reported.
July 2, 2012UPS Freight Sets 5.9% Rate Increase
UPS Freight, the less-than-truckload unit of UPS Inc. said it was raising its rates an average 5.9%, effective July 16.
July 2, 2012Volvo Says New Transmission Tech Produces 5% Fuel Savings
Sweden-based Volvo AB said its European division has developed a transmission technology that leads to 5% fuel savings.
July 3, 2012Chicago Manufacturing Activity Rises
Manufacturing activity in the Chicago area increased in June, the Institute for Supply Management-Chicago said Friday.
June 29, 2012Consumer Confidence Drops to Lowest Level This Year
Consumer confidence dropped in June to the lowest level this year, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
June 29, 2012Consumer Spending Unchanged in May
U.S. Consumer spending was unchanged in May, the weakest reading since November, the Commerce Department said Friday.
June 29, 2012