Mining and Utilities Drive Industrial Production Decline
Industrial production decreased 0.3 percent in April, the fifth consecutive monthly loss. From April 2014, the index increased 1.9 percent.
Economy
Student Loan Debt Outpacing Other Debt Growth
The Federal Reserve Bank of New York announced in its Q1 2015 Household Debt and Credit Report, that total household...
Producer Prices Slip in April
Producer prices fell 0.4 percent in April, seasonally adjusted, according to the U.S. Bureau of Labor Statistics, after increasing 0.2...
Retail Sales Unchanged in April
There were $436.8 billion of food and retail sales in April (after adjustment of seasonal variation and holiday and trading-day...
Small Business Optimism Rises in April
The NFIB Small Business Optimism Index rose to 96.9 in April, up 1.7 points from the previous month.
U.S. Adds 223,000 Jobs in April
Total nonfarm payroll employment rose by 223,000 in April, up from last month’s revised estimate of 85,000. The unemployment rate...
Consumer Credit Grows 7.4 Percent in March
Consumer credit increased at a seasonally adjusted annual rate of 7.4 percent in March to $3.36 trillion.
Deficit Widens as Imports Increase More Than Exports
The U.S. international trade deficit increased in March, rising to $51.4 billion, up from $35.9 billion in February.
Non-Manufacturing ISM Index Rises in April
The Non-Manufacturing ISM Report on Business Index was 57.8 in April, up 1.3 points from 56.5 in March.
New Factory Orders Increase for First Time in Seven Months
New orders for manufactured goods increased 2.1 percent to $476.5 billion in March following a revised 0.1 percent decline in...
