The numbers: Orders at U.S. factories for long-lasting goods jumped 1.9% in June largely because of more bookings for new cars and military aircraft, but there were hints of weakness among Read more
Tag: Industrial Production Figures
U.S. durable-goods orders surge in June, but all the strength is in cars and military planes
The numbers: Orders at U.S. factories for long-lasting goods jumped 1.9% in June largely because of more bookings for new cars and military aircraft, but there were hints of weakness among Read more
Philadelphia Fed’s July factory activity index contracts for second straight month
The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity dropped to negative 12.3 in July from negative 3.3 in the prior month. Economists polled by the Read more
Opinion: Almost all the economic numbers line up: A U.S. recession is likely
The United States is perilously close to falling into a recession, despite the reassurances of Federal Reserve officials, Wall Street economists and financial journalists. That’s not just an idle opinion; Read more
U.S. industrial output falls in June for first time this year
The numbers: Industrial production fell 0.2% in June, the Federal Reserve reported Friday. This is the first decline of the year. Wall Street economists had expected a 0.1% gain in Read more
New York Empire State July factory activity gauge improves, but manufacturers mood darkens
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, rose 12.3 points to 11.1 in July, the regional Fed bank Read more
New York Empire State July factory activity gauge improves, but mood darkens
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, rose 12.3 points to 11.1 in July, the regional Fed bank Read more
U.S. factory orders jump 1.6% in May — but the good times might not last
U.S. factory orders jumped 1.6% in May in a show of strength among manufacturers — but a more recent survey of of top executives suggests demand might be waning in Read more
U.S. manufacturers grow at slowest pace in 2 years, ISM finds, as demand softens
The numbers: The ISM barometer of American factories fell 3.1 points to a two-year low of 53% in June in another sign the U.S. economy is slowing. High inflation is still Read more
Wall Street on course to continue its rotten run, with ISM manufacturing data in focus
U.S. stock futures edged lower on Friday as worries about slowing economic growth continued to suppress investors’ risk appetite, potentially extending a rotten run that saw Wall Street record its Read more