U.S. manufacturing activity cooled slightly in August but remained near its strongest level of the year, according to the latest ISM Manufacturing PMI report. Why it matters: The Manufacturing PMI registered 54.6%, down one percentage point from July but still ...
Markets are basically unchanged Thursday morning following a busy few days and what has been a pretty good week for interest rates, but investors still have several potentially important events ahead. Why it matters: The focus is shifting toward the ...
Orders for long-lasting manufactured goods rose more than expected in July, offering another sign that demand for big-ticket items remains resilient. Why it matters: Durable goods orders are a closely watched gauge of business investment and consumer confidence, with stronger ...
Inflation picked up modestly in July, but price growth remained relatively contained as both headline and core inflation came in as expected. Why it matters: The report does little to resolve the debate over the Federal Reserve’s next move. Inflation ...
The U.S. economy grew at a 1.5% annualized pace during the second quarter, confirming that economic activity slowed considerably heading into the summer. Why it matters: The economy is still expanding, but slower growth could give the Federal Reserve more ...
Markets are preparing for a busy 8:30 a.m. Thursday, with three major economic reports set to provide fresh readings on inflation, economic growth and manufacturing activity. Why it matters: Bond yields fell sharply Wednesday, and stronger-than-expected data could give investors ...
Consumer confidence unexpectedly slipped to its lowest level in seven months in August as Americans became increasingly worried about what lies ahead for the economy. Why it matters: Consumer spending accounts for roughly two-thirds of the U.S. economy, making deteriorating ...
Manufacturing activity in New York surged to its strongest level in more than four years in August, adding to evidence that the factory sector continues to gain momentum. Why it matters: Stronger manufacturing, rising orders and increased hiring point to ...
U.S. retail sales unexpectedly fell in July, delivering another sign that consumers may finally be pulling back after remaining remarkably resilient throughout much of the year. Why it matters: Consumer spending accounts for roughly two-thirds of the U.S. economy, so ...
U.S. retail sales are expected to barely grow in July, raising questions about whether consumers are beginning to pull back after remaining remarkably resilient throughout much of the year. Why it matters: Consumer spending accounts for roughly two-thirds of the ...