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, 2017Government, 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, 2017Government, 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, 2016Government, 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, 2016Special 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, 2016Government, Business
More Americans See Economy Worsening Than at Any Time Since 2013
More Americans in June saw the economy worsening than at any time in more than 2 1/2  years, and a weekly gauge of consumer comfort also declined, according to figures from the Bloomberg Consumer Comfort Index released June 16.
June 16, 2016Government, Business
ATA's Bob Costello: Economy to Stay Weak
Trucking should expect a generally weak economy in 2016, though the long-standing inventory glut should ease in a few months to make the freight market feel better than today’s uninspiring conditions, American Trucking Associations Chief Economist Bob Costello said.
June 13, 2016Government, Business
US Economy Grew Faster Than Anticipated in First Quarter
The U.S. economy expanded at a slightly faster pace in the first quarter than previously estimated, as gross domestic product rose at a 0.8% annualized rate in the three months ended in March.
May 27, 2016Government, Business
Economy May Find It Hard to Spring Back From Weak Winter
For the third year in a row, the U.S. economy started the year with a dose of the blues as gross domestic product eked out a 0.5% annual gain, according to Commerce Department figures released April 28.
April 28, 2016Government, Business
Early Warning Signs of Recession Flash Faintly in US Jobs Data
As the economy again started off the year on a sour note, the glass-half-full crowd pointed to the strength of the U.S. jobs market as a reason not to worry. As long as payrolls are racking up monthly gains of 200,000 or more, the economy remains in fine fettle, or so the optimists would have it.
April 19, 2016