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Sales of cars, light trucks and SUVs in the United States remain high amid signs the public has no intent of cutting back on purchases, good news for fleets that haul everything from raw materials to components to delivering new cars to dealers.
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Economic activity in the manufacturing sector expanded in August for the third consecutive month and at its best pace in more than two years, raising hopes about the performance of the American economy during the third quarter of the year.
Read More →Analysts who were predicting a sharp downturn in the nation’s gross domestic product in the second quarter due to earlier dismal economic news got a shock with the release of a new report.
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Following indications the United States will launch a military strike against Syria, the price of oil has reached a more than two-year high.
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If increased traffic along the nation’s highways is a accurate indicator of increased commerce and an improving economy, then things are better overall than they were the same time a year ago according to one firm, Inrix, which monitors traffic congestion.
Read More →New orders for long-lasting durable goods in the United States took a dive in July.
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Three important economic reports rolled in the past few days, with a split decision over sales of homes, while a third one measuring where the overall economy is headed shows continued growth and possibly greater economic strength.
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The amount of freight moved last month fell for the first time since April, according to newly released figures.
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U.S. housing starts in July jumped 5.9% in July from the month before due to strength in volatile multifamily construction.
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A new report shows industrial production in the United States was at the same level in July as it was the month before. Meantime, a Labor Department report shows inflation is of little worry when it comes to the health of the economy.
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