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ISM Manufacturing Index Improves in August
Updated: 9/2/2010
U.S. manufacturing activity increased in August, the Institute for Supply Management (ISM). ISM’s monthly factory index rose to a 56.3 reading, from 55.5 in July, the group said. Figures of more than 50 indicate expansion.
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Used Commercial Vehicle Registrations Hit Record Levels, According to Polk
Updated: 9/2/2010
There were 354,400 used commercial vehicles (GVW Class 3-8) registered in the U.S. during the first two quarters of 2010, according to Polk, the recognized leader in data-driven solutions for the commercial vehicle industry.
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Jobless Claims Fall, but Productivity Much Weaker
Updated: 9/2/2010
New claims for U.S. unemployment benefits fell last week, but were still too high to signal a change in fortune for the troubled labor market.
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Diesel Drops for Third Week, Dipping 1.9¢ to $2.938 a Gallon
Updated: 9/1/2010
Diesel and gasoline both fell for a third straight week, with diesel dipping 1.9 cents to $2.938 a gallon, according to the Department of Energy. Diesel’s three declines totaled 5.3 cents and followed three weeks of increases that had totaled 9.2 cents.
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Used Truck Sales Slow in July on Year-Over-Year Gain
Updated: 9/1/2010
Used truck sales fell 20 percent from June to July, but unit sales are still up on a year-over-year basis, according to ACT Research Co. In the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, ACT said used truck sales are 43 percent above 2009 on a year-to-date basis.
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Home Prices Gain 3.6% in Past Year
Updated: 8/31/2010
Despite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing. National home prices jumped a substantial 3.6% in the past year, according to the S&P/Case-Shiller Home Price Index.
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Diesel Falls Nearly 2 Cents in Third Straight Drop
Updated: 8/31/2010
Diesel continued its downward trend this week, slipping 1.9 cents to a national average of $2.938 a gallon, according to weekly figures released by the U.S. Energy Information Administration. This is the fuel's third consecutive weekly drop.
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Second-Quarter GDP Revised Down to 1.6%
Updated: 8/27/2010
The U.S. gross domestic product rose at a revised 1.6% annual rate in the second quarter, down from an originally estimated 2.4%, the Commerce Department said.
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Jobless Claims Slide More than Expected
Updated: 8/26/2010
The number of first-time filers for unemployment insurance fell more than expected last week, according to a weekly government report.
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New Home Sales Drop 12% to Record Low
Updated: 8/25/2010
New home sales fell 12% in July to a record low following a big jump in June, according to the Commerce Department. Sales fell to an annual rate of 276,000 units, the lowest since data began being collected in 1963.
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