U.S. Economy
Old Dominion Blames ‘Economic Softness’ for Revenue, Volume Slips
In May, tonnage decreased 8.4 percent per day, spurring a 5.8-percent daily revenue decline at the…
Economic Outlook Dips for Consumers, But CEOs Are Confident
Different Conference Board indices suggest that CEOs are more confident about the future, while consumers are…
Retailers Added 34,000 Jobs in January
In addition to retail job gains among general merchandisers, the unemployment rate fell to an eight-month low…
Trump’s Trade Policies Could Spur Modest Stagflation in US Economy
Trump's trade policies could mean modest stagflation to the US economy via a negative impact to growth and a…
U.S. Economic Growth to Slow As Consumers Rein In Spending In 2025
The U.S. economy will expand 2.7 percent in 2024 and 1.8 percent in 2025, with inflation expected to slow and…
FedEx CEO Cites Slow Economic Growth as Fed Cuts Rates
FedEx CEO Raj Subramaniam saw the steep Fed rate cut as being due to a weak economy.
Trade, Immigration, Fiscal Policy: Debate Issues For Trump, Harris
Congressional races—party sweep or divided Congress—will impact how much either Kamala Harris or Donald Trump…
President Bill Clinton at DNC: Democrats Are Better at Job Creation
Former President Bill Clinton at the DNC Wednesday said Democrats have created more jobs than Republicans…
US Retail Job Market Softening, Data Shows
Retail lost 6,000 jobs among hard goods retailers in June, but added 5,000 among warehouse clubs…
Retail Posts Slight Job Gains in February
The jobs market slowed in February but retail got a slight bump up.
What Macy’s 150 Store Closures Say About Retail and the Consumer
Macy's, Kontoor & Walmart set different paths ahead as consumer spending slows.
No Recession Seen, But U.S. Forecast Not Buoyant
Key US metrics suggest no recession in 2024 even as growth slows, while the event-driven trend in consumer…
Outlook ’24: When Will Retail Switch From Defense to Offense?
Following a glut of inventory in 2022, brands and retailers kept orders low to avoid excess product. With…
Burlington CEO Talks 5-Year Plan and $16 Billion in Sales
Burlington Stores CEO Michael O'Sullivan feels "very good about how we are set up for holiday."
CEO Q4 Confidence Dips Even as Consumers Continue to Spend
Nearly one-third of chief executives believe economic conditions are worse now than they were six months ago.