Harvey and Irma drag down consumer sentiment, retail sales, and industrial production.
READ MOREThe PPI rose in August led by increases in consumer goods prices but capital equipment price increases remain modest.
READ MOREThe strong labor market continues to support aggregate income growth, consumer sentiment, and consumer spending.
READ MOREThe AIER’s Leading Indicators Index increased again in August to a reading of 88 from 83 in the prior month. The Coincident Indicators Index remained at a perfect 100 for a sixth month while the Lagging Indicators Index held at 50 (see chart below). Th …
READ MOREAugust results point to continued expansion for the nonmanufacturing sector with ongoing gains in activity, orders, and hiring.
READ MORENew orders for future production fell 3.3 percent, led by a steep drop in aircraft orders.
READ MOREThe early read on economic data for August indicates the economy is maintaining positive momentum. The employment report for August from the Bureau of Labor Statistics shows payrolls rose by 156,000. That is a solid gain, though it is below the average …
READ MORERevised estimates from the Bureau of Economic Analysis show the U.S. economy grew at a 3.0 percent annual rate in the second quarter, better than the initial estimate of 2.6 percent. There were upward revisions to core components of gross domestic prod …
READ MOREThe Consumer Confidence Index from The Conference Board rose for the second month in a row, increasing by 2.9 points to 122.9. The index is constructed so that 1985 equals 100. The index is now at the second-highest level since 2000, behind the 124.9 r …
READ MOREOrders for nondefense aircraft plunged 70.7 percent in July after surging 129.3 percent in June. Aircraft orders tend to be extremely volatile. Despite efforts to adjust for seasonal patterns, the annual air show in Paris can result in huge swings in o …
READ MORENew-home sales fell 9.4 percent in July to a 571,000 seasonally adjusted annual rate from 630,000 in June. The four major regions of the country had widely differing performances in July, with two regions posting sharp, double-digit declines, one posti …
READ MOREThe Index of Consumer Sentiment from the University of Michigan rose in early August, driven by a jump in expectations about the future of the economy. The overall index came in at 97.6 in the first half of August versus 93.4 at the end of July, a rise …
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