The Producer Price Index (PPI) declined 0.5% in July, coming in well below the consensus expected +0.2%. Producer prices are […]
The Consumer Price Index (CPI) was unchanged in July, below the consensus expected +0.2%. The CPI is up 8.5% from […]
Nonfarm productivity (output per hour) declined 4.6% at an annual rate in the second quarter, matching consensus expectations. Nonfarm productivity […]
With the Senate having passed a budget plan yesterday with only Democratic votes as well as a tie broken by […]
Nonfarm payrolls increased 528,000 in July, easily beating the consensus expected 250,000. Payroll gains for May and June were revised […]
The trade deficit in goods and services came in at $79.6 billion in June, slightly smaller than the consensus expected […]
The ISM Non-Manufacturing index increased to 56.7 in July, easily beating the consensus expected 53.5. (Levels above 50 signal expansion; […]
The ISM Manufacturing Index declined to 52.8 in July, beating the consensus expected 52.0. (Levels higher than 50 signal expansion; […]
The Federal Reserve raised short-term interest rates by three-quarters of a percentage point (75 basis points) on Wednesday. The day […]
Personal income rose 0.6% in June, beating the consensus expected +0.5%. Personal consumption rose 1.1% in June, versus a consensus […]
Real GDP declined at a 0.9% annual rate in Q2, lagging the consensus expected +0.4% rate. The largest negative drag […]
New orders for durable goods rose 1.9% in June, easily beating the consensus expected decline of 0.4%. Orders excluding transportation […]
New single-family home sales declined 8.1% in June to a 0.590 million annual rate, below the consensus expected 0.655 million. […]
