International trade deficit decreased in June
The international trade deficit in goods and services was $73.1 billion in June, down $1.9 billion from $75 billion in...
Economy
New York Fed: Total household debt reached $17.8T in Q2
Total household debt increased by $109 billion or 0.6% to $17.8 trillion in the second quarter of 2024, according to...
Fed survey: Banks tighten policies on business, commercial real estate lending
Banks reported tighter standards for both commercial and industrial loans and commercial real estate loans during the second quarter of...
ISM: Service sector expanded in July
The ISM nonmanufacturing index increased 2.6% from the prior month to land at 51.4% in July, the Institute for Supply...
ABA DataBank: 10-year yield sinks due to weak economic data
Weak manufacturing-sector activity in July, combined with weekly jobless claims reaching a one-year high and soft job growth, are causing...
Factory orders decrease in June
New orders of manufactured goods decreased $19.1 billion or 3.3% to $564.2 billion, the Commerce Department said. Shipments of manufactured...
U.S. adds 114,000 jobs in July
The U.S. economy added 114,000 nonfarm jobs in July, the Labor Department said. The unemployment rate rose 0.2 percentage points...
Construction spending declined in June
Construction spending in June was at a seasonally adjusted annual rate of $2.1 trillion, 0.3% below the revised May estimate,...
ISM: Manufacturing sector contacted in July
U.S. manufacturing activity contracted in July for the fourth consecutive month, the Institute for Supply Management said. ISM's manufacturing index...
ADP: 122,000 jobs gained in July
The nonfarm private sector gained 122,000 jobs in July, according to the ADP National Employment Report. This follows an upward...
