GDP

By Jeff Berman · July 9, 2015
The Federal Reserve Bank of New York determined that the West Coast port labor disruption probably slowed Q1 real export growth by 1.5 percent, and in terms of the contribution to net exports to real GDP growth it would equate to a 0.2 percent decline in GDP.
By Jeff Berman · July 31, 2014
The advance estimate for second quarter GDP at 4.0 percent could serve as a sign of a steadier and improving economy.
By Jeff Berman · June 23, 2014
With the economy ostensibly in a state of perpetual flux, at least since 2007 anyhow, we have seen many lows and some high points along the way and in between.
By Jeff Berman · November 7, 2013
The United States Department of Commerce said this week that the advance estimate for third quarter GDP is 2.8 percent, up from 2.5 percent in the second quarter. Some estimates pegged the GDP number to come in roughly 0.5 percent less than it would have, had there not been a shutdown. On the surface, it is fair to assume that number is not terrible, given the many head fakes thrown at consumers in this new and apparently permanent era of government dysfunction.
By Jeff Berman · July 27, 2012
Looking at GDP data, it is pretty clear what is happening. Consumers are uneasy about making non-essential purchases—and with good reason.
By Jeff Berman · 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.
By Jeff Berman · March 14, 2012
The SCI dropped 0.2 points in January, the most recent month for which data is available, to -4.8, said FTR. The firm describes the SCI as an indicator that sums up all market influences that affect shippers
By Jeff Berman · 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.
By Jeff Berman · 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.
By Jeff Berman · June 8, 2011
The PCI has not seen growth since being up 2.7 percent in March and has been down sequentially in eight of the last 12 months. And it was flat year-over-year, snapping a streak of 17 consecutive months of annual growth.
By Jeff Berman · October 29, 2010
Waiting for me in my ridiculously crowded inbox this morning was an e-mail from the U.S. Bureau of Economic Analysis, which informed me that economic activity—i.e. the Gross Domestic Product—in the third quarter grew at a rate of 2 percent.
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From the July 2016 Issue
While it’s currently a shippers market, the authors of this year’s report contend that we’ve entered a “period of transition” that will usher in a realignment of capacity, lower inventories, economic growth and “moderately higher” rates. It’s time to tighten the ties that bind.
2016 State of Logistics: Third-party logistics
2016 State of Logistics: Ocean freight
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