Manufacturing Sector Growth Rose in July
The ISM Manufacturing Index registered 54.2 points in July, an increase of 1.6 percentage points from the June reading of...
Economy
Consumer Sentiment Falls in July
Consumer Sentiment decreased 7.8 points in July to 72.5, according to the University of Michigan Consumer Sentiment Index. July’s figure...
Second Quarter GDP Shrinks 32.9%
Real GDP contracted at a record seasonally adjusted annual rate of 32.9% during the second quarter of 2020, according to...
Powell: Economic Outlook to Depend on Course of Coronavirus
With the economy still experiencing significant disruptions due to the coronavirus pandemic, the Federal Reserve will maintain the target range...
Durable Goods Rose 7.3% in June
New orders for manufactured durable goods in June increased 14.0 billion or 7.3% to $206.9 billion, according to the U.S....
Coin Task Force Issues Statement on Circulation Slowdown
With the COVID-19 pandemic continuing to disrupt the normal circulation of coinage in the U.S. economy, the U.S. Coin Task...
ABA Data Bank: Consumer Expectations Stretch Out for Post-COVID Economic Recovery
Four out of five consumers now expect the COVID-19 outbreak to last one to two years, according to the Cleveland...
New Home Sales Rise 13.8% in June
New single-family home sales rose to a seasonally adjusted annual rate of 776,000 in June, according to the U.S. Census...
Existing-Home Sales Rise Record 20.7% in June
Existing-home sales rose by a record 20.7% in June to a seasonally adjusted annual rate of 4.72 million, according to...
Housing Starts Surge 17.3% in June
Housing starts increased to a seasonally adjusted annual rate of 1.186 million in June, according to the U.S. Census Bureau....
