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The Latest UPS Headlines
5 Key Quotes from UPS on the Freight Industry and the Economy
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<blockquote data-quote="cheryl" data-source="post: 373056" data-attributes="member: 1"><p><strong><a href="http://seekingalpha.com/article/86557-5-key-quotes-from-ups-on-the-freight-industry-and-the-economy?source=yahoo" target="_blank">5 Key Quotes from UPS on the Freight Industry and the Economy - Seeking Alpha</a></strong></p><p></p><p>1. The state of the overall economy</p><p style="margin-left: 20px">It’s obvious to everyone in the business world that economic conditions in the U.S. continue to slow. Economists hold a bleaker outlook for the second half of this year and it was the case even three months ago. Soaring fuel prices, falling housing starts, increased unemployment, weaker consumer confidence -- all of this paints a picture of a faltering economy. While GDP and industrial production may bottom out in the second half of this year, recovery is expected to be a slow, drawn-out process. Predictions are that it will be 2009 before improvement in the economy becomes apparent.</p> <p style="margin-left: 20px"></p></blockquote><p></p>
[QUOTE="cheryl, post: 373056, member: 1"] [B][URL='http://seekingalpha.com/article/86557-5-key-quotes-from-ups-on-the-freight-industry-and-the-economy?source=yahoo']5 Key Quotes from UPS on the Freight Industry and the Economy - Seeking Alpha[/URL][/B] 1. The state of the overall economy [INDENT]It’s obvious to everyone in the business world that economic conditions in the U.S. continue to slow. Economists hold a bleaker outlook for the second half of this year and it was the case even three months ago. Soaring fuel prices, falling housing starts, increased unemployment, weaker consumer confidence -- all of this paints a picture of a faltering economy. While GDP and industrial production may bottom out in the second half of this year, recovery is expected to be a slow, drawn-out process. Predictions are that it will be 2009 before improvement in the economy becomes apparent. [/INDENT] [/QUOTE]
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