UPS sees US economy gathering steam in second half

Discussion in 'The Latest UPS Headlines' started by cheryl, Jun 2, 2011.

  1. cheryl

    cheryl I started this. Staff Member

    UPS sees US economy gathering steam in second half - Reuters

    United Parcel Service sees the U.S. economy outlook "a little muddier" than expected early this year, but growth should "chug along" at a slightly faster pace in the second half of the year.

    Fuel prices are a wild card but have yet to reach levels that drain demand for UPS's higher-cost express products, Chief Executive Scott Davis said Wednesday at a Sanford C. Bernstein& Co Strategic Decisions Conference that was webcast.