Watch Now

air cargo 2020

Emily Ricks Monday, March 9, 2020

This Week’s Forecast March 9-13, 2020

Construction outlook: Construction outlook:The Federal Reserve announced an emergency 50-basis-point (bps) rate cut last Tuesday, lowering its target Fed Funds range to 1-1.25% from 1.5-1.75%. The Fed cut is a reaction to the rising economic risk posed by the coronavirus becoming a global pandemic and the knock-on effects to global supply chains and consumer spending. […]

Read More »
Emily Ricks Monday, February 24, 2020

This Week’s Forecast February 24-28, 2020

Diesel fuel price outlook  EIA statistics show total U.S. distillate production at the highest level ever for the second week of February despite significant concern over demand. Inventory reports were bearish. One other factor looming in the market: OPEC meets March 5-6. All models show it needs to cut further to balance markets, but it […]

Read More »
Emily Ricks Monday, February 17, 2020

This Week’s Forecast February 17-21, 2020

Manufacturing outlook: The coming week will give some insights into the outlook for manufacturing activity in the Northeast region via the Empire State Manufacturing Index. The overall segment remains depressed and sustained rise is not expected through the first quarter. Construction outlook: There will be updates for housing and construction from housing starts, building permits, […]

Read More »