Browsing: Economy

Economy

The ISM Non-Manufacturing Index registered 61.6 points in September, 3.1 percentage points above August’s figure. This was the 104th consecutive month of expansion as a reading above 50 indicates growth. Seventeen non-manufacturing industries reported growth, while none reported a decrease. The majority of respondents remain positive about business conditions and the economy, but capacity, logistics,

Economy

The American Bankers Association yesterday wrote to the Federal Reserve, FDIC and OCC in support of an interim final rule the agencies issued recently implementing an ABA-advocated provision of S. 2155 that expands the pool of what counts as high-quality liquid assets under the Liquidity Coverage Ratio.

Economy

Construction spending increased 0.1 percent at a seasonally adjusted annual rate (SAAR) of $1,318.5 billion, in August, according to the Census Bureau. July’s spending estimate was upwardly revised to $1,317.4 billion. August’s figure is 6.5 percent greater than the August 2017 estimate of $1,237.5 billion. Total private construction was $1,001.7 billion SAAR, a 0.5 percent

Economy

The ISM Manufacturing Index registered 59.8 points in September, down 1.5 percentage points from the previous month, according to the Institute for Supply Management. September’s reading indicates the twenty-fifth consecutive month of expansion in manufacturing, as readings over 50 points denote expansion. Of the eighteen manufacturing industries, fifteen reported growth, while one reported contraction. Nine

1 185 186 187 188 189 334