Robert Hughes
Philadelphia Fed Manufacturing Survey Jumps in September
The September Manufacturing Business Outlook Survey from the Philadelphia Fed suggests manufacturing in the mid-Atlantic region remains healthy.
New Housing Starts Fell in August While Permits Rose
Housing starts fell but permits rose in August as numerous crosscurrents are hitting housing.
Natural Disasters Hitting Economic Data
Harvey and Irma drag down consumer sentiment, retail sales, and industrial production.
Producer Prices Rise in August
The PPI rose in August led by increases in consumer goods prices but capital equipment price increases remain modest.
Job Openings Reach a New Record While Small Business Confidence Holds at a High Level
The strong labor market continues to support aggregate income growth, consumer sentiment, and consumer spending.
Services-Sector Business Conditions Improve in August
August results point to continued expansion for the nonmanufacturing sector with ongoing gains in activity, orders, and hiring.
U.S. Factories Chugging Along; Labor Market Remains Robust
New orders for future production fell 3.3 percent, led by a steep drop in aircraft orders.
Economic Data Start on a Positive Note for August
The early read on economic data for August indicates the economy is maintaining positive momentum. The employment report for August from the Bureau of Labor Statistics shows payrolls rose by […]
Strong Data on the Economy Before the Impact From Harvey Appears
Revised estimates from the Bureau of Economic Analysis show the U.S. economy grew at a 3.0 percent annual rate in the second quarter, better than the initial estimate of 2.6 […]
Consumer Confidence Rises in August
The Consumer Confidence Index from The Conference Board rose for the second month in a row, increasing by 2.9 points to 122.9. The index is constructed so that 1985 equals […]
