Filed in Economy
Thursday, May 31, 2012
Earlier today, the United States Department of Commerce’s Bureau of Economic Analysis released its second estimate for first quarter real gross domestic product (GDP), which checked in at 1.9 percent. This is short of the fourth quarter’s 3.0 percent and also short of the advance estimate for the first quarter, which was 2.2 percent.
Monday, April 02, 2012
There is a growing sense of optimism for the upcoming peak season. This could be viewed with skeptical eyes by many freight industry transportation stakeholders, given that a real peak has truly failed to materialize in a meaningful way for at least four years running, if not more.
Wednesday, February 29, 2012
Positive signs regarding the economy remain intact with today’s news from the Department of Commerce which indicated that fourth quarter GDP was up at an annual rate of 3.0 percent. This is the second estimate for the fourth quarter released by Commerce, and it represents a nice sequential gain, too, as third quarter GDP rose only 1.8 percent by comparison.
Posted on 02/29 at 11:17 AM
Monday, January 30, 2012
Don’t look now, but the terms “cautious optimism” and signs of improvement” remain at or near the top of the list, when people are asked to describe what is going on in terms of momentum of the economic kind.
Posted on 01/30 at 03:31 PM
Thursday, December 22, 2011
As 2011 winds down, there has been a fair amount of optimism of late when it comes to the economy. But as we know there are road blocks, too, of course.
Wednesday, November 23, 2011
A few economic indicators released this week were not new or jarring in terms of a “wow factor,” but they are telling at the same time.
Posted on 11/23 at 12:08 PM
Monday, November 07, 2011
While the economic recovery has had its fair share of stops and starts, it may be happening again in earnest on the railways. That is the consensus from John Lanigan, executive vice president and chief marketing officer at BNSF Railway.
Thursday, October 27, 2011
Earlier today, the Department of Commerce announced that U.S. Gross Domestic Product (GDP) rose by 2.5 percent in the third quarter. This is a good sign but it should not even begin to suggest that happy days are here again.
Monday, October 24, 2011
The news regarding a tepid economic recovery is clearly far from new, we have been reading about it and experiencing it in one way or another for a while now. We have been told that things will be better “soon” on more than one occasion, yet things continue to stagnate.
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IHS said the highlight in the very busy upcoming week will be the advance GDP release, which will show the economy growing at its fastest pace in the third quarter of 2011 since the second quarter of 2010