U.S. International Trade Balance Widened in May
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
Economy
4.8 Million Jobs Added in June
Total nonfarm payroll employment rose by 4.8 million in June, according to the Bureau of Labor Statistics. Total unemployed persons...
FOMC Members: Economic Outlook Remains Extraordinarily Uncertain
As the coronavirus pandemic continues in the U.S., there remain “an extraordinary amount of uncertainty and considerable risks to the...
Construction Spending Drops in May
Construction spending fell 2.1% at a seasonally adjusted annual rate (SAAR) of $1,356.4 billion in May, according to the Census...
Manufacturing Sector Rebounds in June
The ISM Manufacturing Index registered 52.6 points in June, an increase of 9.5 percentage points from the May reading of...
ADP: Over 2 Million Jobs Gained in June
The non-farm private sector added 2,369,000 jobs in June, according to the ADP National Employment Report. This follows a revised...
Fed Launches Task Force to Address Coin Shortages During Pandemic
The Federal Reserve announced today that it is forming a task force to address the issue of low coin inventories...
CEOs’ Confidence in Economy Falls Amid COVID-19 Pandemic
Confidence among the nation’s CEOs in the future economic outlook plummeted in the second quarter, reflecting the acute effects of...
Consumer Sentiment Improves in June
Consumer Sentiment increased 8.0 points in June to 78.1, according to the University of Michigan Consumer Sentiment Index. June’s figure...
