Economy Stays Resilient During Pandemic
In the nearly two years of the COVID-19 pandemic, the U.S. economy has been battered and undergone substantial change. Through it all, economists and experts say it has shown remarkable resilience.
Year-in-Review and Economic Outlook for 2022
Infrastructure issues exacerbated by the pandemic, like kinks in the global supply chain and port congestion, have caused freight costs and delivery times to soar. Consumer demand may be growing but businesses are struggling to keep up and global economic recovery is being hampered.
December 9, 2021Broken Supply Chains Threaten Ruin at a Growing Number of Small Firms
A growing cohort of smaller companies that survived the cold depths of the pandemic say now they’re in danger because the economy is too hot.
Democrats’ $2 Trillion Social, Climate Bill Passes House
WASHINGTON — A fractious House handed President Joe Biden a marquee victory Nov. 19 by approving a roughly $2 trillion social and environment bill, as Democrats cast aside disputes that for months had stalled the measure and hampered efforts to sell their priorities to voters.
US Posts Weakest GDP Growth of Pandemic Recovery
U.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment.
Sustained Economic Recovery Ahead, Transportation Economist Predicts
GRAPEVINE, Texas — Transportation economist Donald Broughton said that the U.S. and trucking are in the early stages of a long, sustained, robust economic recovery as the country comes out of the COVID-19 pandemic.
Consumer Prices Rose in July but at Slower Pace
WASHINGTON — Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation’s households.
Economy, Trucking Industry Roar Back
Economic indicators and forecasts from economists show trucking and the U.S. economy are in the midst of a strong recovery, though concerns remain about the persistent shortage of drivers and supply chain delays.
US Economy Grows 6.4% in Q1
The U.S. economy grew at a solid 6.4% rate in the first three months of the year, setting the stage for what economists believe may be the strongest year for the economy in about seven decades.
Job Growth Softens, Misses Estimates
U.S. job growth unexpectedly softened in April from the prior month, suggesting that difficulty attracting workers is slowing momentum in the labor market.