New orders for manufactured goods increased in August
New orders for manufactured goods in August, down two consecutive months, decreased less than $0.1 billion or virtually unchanged to...
Economy
Construction spending falls in August
Construction spending was at a seasonally adjusted annual rate of $1,781.3 billion in August, 0.7% below the revised July estimate...
ISM Manufacturing expands in September
The ISM Manufacturing Index registered 50.9% in September; 1.9 points lower than Augusts reading of 52.8%. This figure indicates the...
Second quarter GDP (third estimate) shrinks 0.6%
Real GDP decreased at a seasonally adjusted annual rate of 0.6% during the second quarter of 2022, according to the...
Report finds banks strong as global economy weakens
Banks are on sound financial footing even as the world’s economy wobbles from a series of shocks, according to the...
New orders for manufactured durable goods decrease in August
New orders for manufactured durable goods in August decreased $0.6 billion or 0.2% to $272.2 billion, the U.S. Census Bureau...
New home sales rebound in August
New single-family home sales rose to a seasonally adjusted annual rate of 685,000 in August, according to the U.S. Census...
Poll: Most employed Americans received pay bumps over past year
Most working Americans received pay raises or moved to better-paying jobs over the past year, although inflation has gnawed away...
Fed raises rates by 75 basis points
The Federal Open Market Committee today said it would raise the target range for the federal funds rate to 3...
Existing home sales decrease in August
Existing-home sales fell 0.4% in August to a seasonally adjusted annual rate of 4.80 million, according to the National Association...
