Manufacturing Sector Recovery Continued in August

– September 1, 2020

The ISM Manufacturing survey suggests activity continues to recover from the dramatic lockdown-related plunge, but the survey also suggests labor dynamics remain weak.

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Existing-Home Sales Surge in July, Extending Sharp Recovery

– August 21, 2020

Existing-home sales jumped again in July, making housing a bright spot for the economy, but the outlook remains highly uncertain.

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Initial Claims for Unemployment Benefits Rise as Restrictions Sustain Uncertainty

– August 20, 2020

Initial claims for unemployment benefits rose in the latest week and unemployment remains very high, suggesting complete economic recovery may be a long way off.

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Home Construction Fully Recovers from COVID-19

– August 18, 2020

Housing starts and permits rose in July. The outlook is supported by easing lockdown restrictions, low mortgage rates, and rebounding builder confidence but demand remains uncertain.

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Pandemic Lockdown Distortions: Manufacturing Pulls Back While Housing Gains

– August 17, 2020

Distortions to economic activity are becoming more differentiated as lockdowns are partially eased and consumers adjust to current conditions.

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Lack of Confidence in Government Stifles Consumer Sentiment Recovery

– August 14, 2020

Policy uncertainty is smothering the recovery in consumer sentiment, putting the economic rebound at risk.

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Manufacturing Activity Remains Well Below Pre-Lockdown Levels

– August 14, 2020

A manufacturing rebound continued in July, but activity remains well below pre-lockdown levels. Heightened uncertainty about COVID-19 and future government policies threaten the recovery.

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Retail Spending Hits New High in July but Gains Are Not Consistent Among Categories

– August 14, 2020

Retail sales rose to a new high in July, recovering from the policy-induced economic coma but rising uncertainty is a significant risk to future growth.

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Initial Claims for Unemployment Benefits Drop Below One Million

– August 13, 2020

Initial claims for unemployment benefits fell in the latest week but unemployment remains very high, suggesting complete economic recovery may be a long way off.

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Drop in Small-Business Optimism Reflects Renewed Uncertainty

– August 11, 2020

Small-business confidence fell in July as rising COVID-19 cases, political turmoil, and persistent consumer apprehension smother hopes for a rapid rebound.

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Payrolls Grew By 1.8 Million in July But the Pace of Recovery Slowed, Raising Concerns

– August 7, 2020

Nine million private U.S. jobs have been recovered over the last three months, less than half the 21 million lost during government shutdowns; the outlook remains extremely uncertain.

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Positive Signs for the Manufacturing Sector but Employment Remains Weak

– August 3, 2020

The ISM Manufacturing survey showed another gain in July as orders and production expanded but the survey suggests labor dynamics remain weak.

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