U.S. manufacturing activity accelerated in October, extending its expansion to 10 consecutive months, according to the Institute for Supply Management (ISM). What’s driving growth? Factory production surged to its strongest level since November 2021, while new orders expanded for the ...
U.S. manufacturing continued expanding strongly in October, extending the sector’s best stretch of growth since early 2022, according to S&P Global. Why it matters: Strong demand for manufactured goods, particularly AI-related equipment, is helping drive production. However, manufacturers are struggling ...
U.S. consumer confidence climbed sharply in October, with The Conference Board’s Consumer Confidence Index rising 7.5 points to 91.7, its highest level since May. Why it matters: The Present Situation Index, which measures consumers’ assessment of current business and labor ...
New orders for manufactured durable goods surged 1.8% in September to $345.4 billion, the largest monthly increase since April, according to the U.S. Census Bureau. Why it matters: Orders excluding transportation rose 0.5%, improving from August’s 0.3% increase but still ...
Texas manufacturing activity strengthened in October, with the general business activity index rising to 13.4 from 9.8, its highest reading since January 2025, according to the Federal Reserve Bank of Dallas. Why it matters: Manufacturing production continued expanding, although the ...
American consumers continued spending aggressively in September despite rising inflation, according to the latest retail sales report from the Census Bureau. Why it matters: Consumer spending remains remarkably resilient despite higher prices and borrowing costs. Retail sales increased 6.3% from ...
Producer prices surged in September, delivering another troubling inflation report just one day after consumer prices rose more than expected, according to the latest Producer Price Index (PPI) from the Bureau of Labor Statistics. Why it matters: The report suggests ...
Consumer prices rose more than expected in September as surging energy costs and stubborn underlying inflation complicated the Federal Reserve’s efforts to bring prices under control, according to the latest Consumer Price Index (CPI) report. Why it matters: The bigger ...
Small business confidence fell in September as rising costs, economic uncertainty and concerns about future growth weighed on business owners, according to the latest National Federation of Independent Business (NFIB) survey. Why it matters: Small business owners are becoming increasingly ...
Higher interest rates aren’t just making it harder to buy a house. They’re beginning to disrupt commercial real estate deals as buyers face dramatically different financing conditions than they expected when transactions were negotiated. Why it matters: Commercial property deals ...