Factory orders increased in May
New orders for manufactured goods in May, up five of the last six months, increased $48.5 billion or 8.2% to...
Economy
International trade deficit increased in May
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
ISM: Service sector expanded in June
Economic activity in the services sector grew in June after contracting for just one month. The ISM Services Index indicated...
147,000 Jobs Added in June, Unemployment Rate Steady at 4.1%
Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate was little changed at 4.1%, the U.S....
ADP: 33,000 jobs lost in June
The non-farm private sector lost 33,000 jobs in June, and annual pay was up 4.4% year-over-year, according to the ADP...
BIS economic report: Prospects for global economy more uncertain
Vulnerabilities in the global economy cited in the report include moves toward greater economic fragmentation and protectionism that “exacerbate the...
ISM: Manufacturing sector contracted in June
The U.S. manufacturing sector contracted in June for the fourth month in a row, following a two-month expansion preceded by...
Construction spending decreased 0.3% in May
Construction spending during May 2025 was estimated at a seasonally adjusted annual rate of $2,138.2 billion, 0.3% below the revised...
Fed: Large banks remain ‘well positioned’ to withstand severe downturn
Under the recession scenario, the CET1 capital ratio declined by 1.8 percentage points in the aggregate. The Fed has proposed...
ABA DataBank: U.S. consumer spending weaker than expected
Consumer spending rose 0.5% in the first quarter, down from 1.2% in an earlier estimate. Further, a 0.3% decrease in...
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