Inflation slowed down to 3% in June
The Consumer Price Index rose 0.2% in June on a seasonally adjusted basis, after increasing 0.1% in May, the U.S....
Economy
Consumer credit increases in May
Consumer credit increased at a seasonally adjusted annual rate of 1.8% in May and 5.7% in April. Total outstanding credit...
The NFIB Small Business Optimism Index decreased 1.6 points in June, measuring 91.0.
Seasonally adjusted net 15.0% planning to create new jobs in the next three months, but down 4 points from May....
209,000 jobs added in June, unemployment rate at 3.6%
Total nonfarm payroll employment rose by 209,000 in June, and the unemployment rate changed little at 3.6%. Job growth was...
ISM: Service sector declines in June
The ISM Services Index registered 53.9%, 3.6 percentage points increase than May’s reading of 50.3%. The composite index indicated growth...
U.S. international trade deficit decreases in May
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
New orders for manufactured goods increased in May
New orders for manufactured goods in May, up five of the last six months, increased 0.3% to $578.0 billion, the...
ISM Manufacturing contracts in June
The U.S. manufacturing sector decreased in June, Manufacturing PMI® registered 46%, 0.9 percentage point lower than the 46.9% recorded in...
Construction spending increases in May
Construction spending during May 2023 was estimated at a seasonally adjusted annual rate of $1,925.6 billion, 0.9% above the revised...
ABA Data Bank: Total non-farm payrolls increase 209,000 in June
The labor market remained tight in June, according to the latest nonfarm payroll data from the Bureau of Labor Statistics....
