Topic: Business Conditions

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July Business Conditions Monthly

– July 21, 2017

The AIER Business Cycle Conditions Leaders index fell again in June, to a reading of 75, the second monthly decline in a row. The Coinciders index remained at 100 for a fourth month, while the Laggers index dropped to 58 from 75 in May. All three index …

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Initial Claims for Unemployment Insurance Fall Again While Leading Indicators Rise

– July 20, 2017

The latest data on new filings for unemployment insurance suggest the labor market remains tight. Data from the Employment and Training Administration within the Department of Labor show initial claims for new unemployment insurance fell to 233,000 for …

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Housing Starts and Permits Rise in June But the Trend Remains Weak

– July 19, 2017

New-housing-unit starts rose 8.3 percent in June to 1.22 million, led by a 15.4 percent jump in structures with five or more units. Single-family starts rose by a more modest 6.3 percent in the month. Despite the increase, starts remain about 9 percent …

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More Signs of a Soft Patch

– July 14, 2017

Several economic reports released today provide additional evidence that the economy appears to be heading into a soft patch. First-quarter real GDP posted a meek 1.4 percent gain, held back by sharply lower auto sales. Data so far for the second quart …

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Small-Business Optimism Fades in June, and Job Openings Decline in May

– July 11, 2017

The National Federation of Independent Business reported a drop of 0.9 points in its Small Business Optimism Index, a composite of 10 indicators created from its monthly survey of small-business members. The index came in at 103.6 in June, down from 10 …

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Strong Jobs Report Affirms Positive Outlook

– July 7, 2017

The U.S. economy added 222,000 jobs in June, the largest gain since February. Combined with upward revisions to the prior two months, the three-month average gain is 194,000, also the highest since February. Along with a rise in hours worked, a rise in …

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Purchasing Managers Report Better Economic Conditions

– July 6, 2017

The latest Manufacturing Report on Business and Non-Manufacturing Report on Business from the Institute for Supply Management suggest economic activity generally improved in June. The Manufacturing Purchasing Managers Index, a composite index for overa …

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Manufacturing Shipments Rise While New Orders Fall

– July 5, 2017

The value of shipments from U.S. manufacturers rose 0.1 percent in May, according to newly released data from the Department of Commerce. Total shipments are up 4.9 percent compared to the same period last year. May marks the sixth month in a row that …

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Personal Income Gains Push Saving Rate Up in May

– June 30, 2017

Pre-tax and after-tax personal income posted solid gains in May, rising 0.4 percent and 0.5 percent, respectively, according to data from the Bureau of Economic Analysis. Combined with a modest 0.1 percent in personal consumption expenditures, the pers …

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First-Quarter Real GDP Revised Higher

– June 29, 2017

Revised data from the Bureau of Economic Analysis show the U.S. economy grew at a 1.4 percent annualized pace in the first quarter. That estimate compares to a 1.2 percent estimate last month and an original estimate of 0.7 percent released in April. T …

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Economic Activity Slowed in May

– June 26, 2017

The Chicago Fed National Activity Index (CFNAI) registered a -0.26 reading in May, down from +0.57 in April. The index is a composite of 85 different economic data series divided up into four groups. It is designed so that a reading of zero indicates e …

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Latest Data Suggest Tight Housing, Labor Markets

– June 22, 2017

A day after the National Association of Realtors reported a 2.7 percent rise in existing-home sales for the year through May, the Office of Federal Housing Enterprise Oversight, a division of the Federal Housing Finance Agency, reported a 6.8 percent i …

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