Economic Market Update

“Polar vortex” was the trending term this past winter. But even as the meteorological catch phrase burned up the Twitter feeds, its frigid weather iced up the Purchasing Managers Index (PMI) and other indexes. Manufacturing was slowed by the record cold. Despite that, though, the current data has most business sectors either sitting pretty or on an uptick. U.S. economic ...

The U.S. economy has had a long history of ups and downs, most notably in recent times from the Great Depression in 1929 to the Great Recession in 2007. In between those major economic disruptions, there have been an additional dozen official recessions. Even between recessions, the economy is always rising and falling in smaller waves. Tracking the movements of ...

Every day, headlines present an inordinate amount of conflicting and worrisome information. ITR Economics™ often receives emails with articles attached predicting impending doom, a stock market crash of immense proportions, the collapse of the U.S. dollar, and a future where U.S. GDP growth is limited. Others see unlimited potential in 2014 and a year that will prove to be much ...

By Joel Kranc By all accounts and economic indicators, the U.S. economy grew more than expected in the second quarter with higher GDP and private employers maintaining an increased pace of hiring. A recovery with some momentum has been building and this can be seen in the logistics and supply chain industries as well. A recent “Logistics Market Snapshot” produced ...