Factory orders declined in July
New orders of manufactured goods decreased $7.8 billion, or 1.3%, from the prior month to $603.6 billion in July, the...
Economy
Beige Book: Little change in recent economic activity
Most of the 12 Federal Reserve districts reported little or no change in economic activity since July, with the four...
Construction spending dropped slightly in July
Construction spending in July was at a seasonally adjusted annual rate of $2.14 trillion, 0.1% below the revised June estimate,...
ISM: Manufacturing sector contracted in August
U.S. manufacturing activity contracted in August for the sixth consecutive month, the Institute for Supply Management said.
Consumer sentiment falls in August
The University of Michigan Consumer Sentiment Index decreased 5.7% in August compared to the month prior, landing at 58.2, according...
Personal income increased 0.4% in July
Personal income increased 0.4%, or $112.3 billion, in July, the Commerce Department said. The personal savings rate was 4.4%.
Mortgage rates tick down
The rate for a 30-year fixed-rate mortgage was 6.56% this week. The rate for a 15-year fixed-rate mortgage was 5.69%.
NAR: Pending home sales slid in July
Pending home sales fell 0.4% in July from the prior month, the National Association of Realtors said. Year over year,...
GDP increased 3.3% in Q2: Second estimate
Real gross domestic product increased at an annual rate of 3.3% in the second quarter of 2025, according to the...
Cook files lawsuit to overturn attempted removal from Fed board
Federal Reserve Governor Lisa Cook filed a lawsuit against President Trump for his attempt to remove her from the Fed...
