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New Orders Increased for First Time in 3 Months

New Orders Increased for First Time in 3 Months New Orders increased for the first time in three months, but the increase was not large enough to offset last month's fall. Production picked up to match its three-month average but was significantly below its twelve-month average. The rise in business confidence was led by Production and [...]

2019-06-10T19:39:32+00:00A View|

Consumer Confidence Index Improved The Conference Board Consumer Confidence Index improved in May, following an increase in April. Consumer confidence posted another gain in May and is now back to levels seen last fall when the index was hovering near 18-year highs." Said Lynn Franco, Senior Director of Economic Indicators at the Conference Board. US [...]

2019-06-10T20:03:17+00:00A View|

LEI Increased 3 Consecutive Months

LEI Increased 3 Consecutive Months The LEI increased 3 consecutive months, according to the Conference Board Leading Economic Index (LEI) for the US, which showed an increase of 0.2 percent in April following a 0.3 percent increase in March and a 0.2 percent increase in February. The US LEI rose in April, the third consecutive [...]

2019-05-29T12:30:01+00:00A View|

US-Imposed Tariffs Ended on Steel and Aluminum Imported from Canada and Mexico

US-Imposed Tariffs Ended on Steel and Aluminum Imported from Canada and Mexico US-imposed tariffs ended on steel and aluminum imported from Canada and Mexico. Just in from the Wall Street Journal 2:48pm 5/17/19: The Trump Administration has reached agreements with Canada and Mexico to end US-imposed tariffs on steel and aluminum imports, removing a major barrier [...]

2019-05-20T17:24:11+00:00A View|

Small Business Optimism Rebounded to All-Time Highs

Small Business Optimism Rebounded to All-Time Highs Small business optimism rebounded to new all-time highs this spring after tumbling 11 points earlier this year. The Fed's pivot away from further rate increases earlier this year appears to have alleviated many of the fears business owners expressed during the Q1 survey. Wells Fargo US Drill Rigs Running [...]

2019-05-20T17:03:09+00:00A View|

Expectations Index Increased in March

Expectations Index Increased in March Based on consumers' short-term outlook for income, business and labor market conditions, the Expectations Index increased to 103.0 from 98.3 in March. The Conference Board Consumer Confidence Index improved in April after decreasing in March. Consumer Confidence partially rebounded in April but remains below levels seen last fall. US Added [...]

2019-05-06T11:13:05+00:00A View|

Business Activity Grew Modestly

Business Activity Grew Modestly in NY State in April Business activity grew modestly in New York State in the month of April, reports The Federal Reserve Bank of New York Empire State Manufacturing Survey. The headline general business conditions index rose 6 points, indicating growth picked up somewhat but remained fairly subdued. New orders rose [...]

2019-04-19T18:19:20+00:00A View|

Business Optimism Remains Elevated

Business Optimism Remains Elevated The National Federation of Independent Business (NFIB) Small Business Optimism Index rose 0.1 point in March. While the index has fallen from lofty highs of recent years, business optimism remains elevated and businesses continue to report plans to expand. Wells Fargo House Finance Committee Hearing Here's a good one: On Wednesday, [...]

2019-04-15T19:26:16+00:00A View|

Hourly Wages Grew 3.2% from a Year Earlier

Hourly Wages Grew 3.2% from a Year Earlier Hourly wages grew 3.2% from a year earlier, as hiring in the US sprang back in March and the unemployment rate remained at a historically low level, underscoring that the labor market remains a source of strength for the economy.  Non-farm payrolls increased a seasonally adjusted 196,000 [...]

2019-04-05T20:56:08+00:00A View|