Tag: U.S. economy

October 25, 2022

With some economists predicting around a 50-50 chance of the U.S. economy sliding into a recession in the first half of 2023, a panel of experts at American Trucking Associations’ Management Conference & Exhibition urged trucking companies to prepare now […]

January 11, 2022

The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains. The 189-country, anti-poverty agency forecasts worldwide economic growth of 4.1% this […]

October 13, 2021

President Joe Biden tried to reassure Americans on Oct. 13 that he can tame high inflation, announcing a deal to expand operations at the Port of Los Angeles as prices keep climbing and containerships wait to dock in a traffic […]

June 25, 2020

U.S. exports sank to the lowest in more than a decade while imports dropped as the coronavirus continued to curtail demand for goods and upset producers’ supply chains. Goods exports plummeted 5.8% in May from the prior month to $90.1 […]

March 11, 2020

Airlines remain under financial pressure as the coronavirus-caused travel slump worsens. New numbers out Tuesday show a sharp decline in business travel, which has an outsized impact on airline profits, industry analysts told your host. The airlines are faulting the […]