Filed in GDP

Wednesday, 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

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.

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.

Wednesday, June 08, 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.

Friday, 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.