Producer prices declined 0.1% in August
The Producer Price Index decreased 0.1% in August from the previous month, the Labor Department reported. The index showed prices...
Economy
NFIB: Small business optimism rose in August
The Small Business Optimism Index from the National Federation of Independent Business increased by 0.5 points in August to 100.8,...
Consumer credit increased 3.8% in July
Consumer credit increased at a seasonally adjusted annual rate of 3.8% in July, the Federal Reserve reported.
New York Fed: Short-term inflation expectations tick up
Consumer inflation expectations in August ticked up at the short-term horizon and remained unchanged at the medium- and longer-term horizons,...
ABA DataBank: Trade policy weighs on shipping rates
China–U.S. West Coast spot rates are down 68% from June, signaling an earlier, truncated peak season. Importers are pulling back...
U.S. adds 22,000 jobs in August
The U.S. economy added 22,000 nonfarm jobs in August, the Labor Department said. The unemployment rate was little changed at...
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage was 6.5% this week. The rate for a 15-year fixed-rate mortgage was 5.6%.
U.S. trade deficit widened in July
The U.S. trade deficit was $78.3 billion in July, up $19.2 billion from $59.1 billion in June, the Commerce Department...
ISM: Services sector grew in August
The ISM services index rose 1.9% from the prior month to land at 52% in August, the Institute for Supply...
Fed nominee Miran stresses central bank independence
Independence of monetary policy is a critical element for the Federal Reserve’s success, economist Stephen Miran said during his nomination...
