Industrial Production Increases in June

The average U.S. credit card spend rose $109 since last year, reflecting financial strength for some customers and mounting financial pressure for others, according to JD Power’s 2026 U.S. Credit Card Satisfaction Study.

Pending home sales in July decreased by 2.3% month-over-month and 2.2% year-over-year, according to the National Association of Realtors.

Industrial production and manufacturing production each grew 0.2% in July after growing 0.3% in June, according to the Federal Reserve.

Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1.239 million, which was 12.4% below the revised June estimate and 13.5% below the July 2025 rate.

The University of Michigan Consumer Sentiment Index decreased 7.6% in August compared to the month prior, landing at 51, according to preliminary results for the month.

Total home equity lines of credit (HELOC) reached $446 billion in Q1 2026, up 35.3% since hitting a trough in Q1 2022.