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Consumer Sentiment Index Rises in July

The University of Michigan said Friday its preliminary July sentiment index rose to 90.3 from 89.7 last month, the third increase in the past four months.

July 18, 2003

TSA Could Delay Deadlines for Hazmat Driver Checks

The Transportation Security Administration said it was considering requests to delay criminal background checks for 3.5 million hazardous material drivers, while still working on guidelines for states and industry to meet.

July 18, 2003

Philly Fed Index Rises to 8.3 in July

Manufacturing in the Philadelphia region expanded in July for a second month as increasing spending and consumer confidence boosted production, the Federal Reserve Bank of Philadelphia reported Thursday.

July 17, 2003

Panel Says U.S. Recession Ended in November 2001

The Business Cycle Dating Committee of the National Bureau of Economic Research said Thursday that the recession the United States entered into in March 2001 ended in November of that same year.

July 17, 2003

Housing Starts Surge 3.7% in June

U.S. housing starts rose 3.7% in June to the highest level since January, as low mortgage rates stoked demand, the Commerce Department reported Thursday.

July 17, 2003

Fatalities From Truck-Involved Crashes Decline in 2002

The number of fatalities from truck-involved crashes declined 4.2% to 4,897 in 2002, from 5,111 the previous year, according to the National Highway Traffic Safety Administration.

July 17, 2003

News Briefs - July 17

UPS, FedEx Loosen Restrictions on Wine Deliveries • rofits, Revenues Improve for U.S. Xpress • Werner Earnings Rise; Says Demand Improving • ‘Soft Freight Environment’ Hurts Transport Corp.’s 2Q Results • And more...

July 17, 2003

Truckers Who Haul Vehicles Approve New Five-Year Deal

The Teamsters union said late Tuesday that the truckers who haul most new cars and other vehicles in the United States had ratified a new five-year contract.

July 16, 2003

Industrial Production Rises 0.1%; Capacity in Use Unchanged

Industrial production in the United States rose 0.1% in June as factories produced more consumer goods and vehicles, the Federal Reserve reported Wednesday.

July 16, 2003

Business Inventories Decline 0.2% in May

Businesses in the United States trimmed their stocks of unsold goods in May for the first time in more than a year, the Commerce Department reported Wednesday..

July 16, 2003