Led by Declines in Production-Related Indicators, the Chicago Fed National Activity Index Fell in July Led by declines in production-related indicators, the Chicago Fed National Activity Index fell to -0.36 in July from +0.03 in June. All four broad categories of indicators that make up the index decreased from June, and all four categories made [...]
July Retail Sales Surpassed Expectations July retail sales surpassed expectations. Rising 0.7 %, gains were broad-based with ten of the thirteen categories seeing an increase in sales over the month. Wells Fargo US Drill Rigs Running Down From Previous Count There were 934 drill rigs operating in the US last week, down 8 rigs from [...]
US Raw Steel Production ACUR 81.5 Percent Last Week US raw steel production ACUR of 81.5% produced 1,897,000 tons in the week ending August 3, 2019. Thus far this year mills have produced prox 57,945,000 tons compared to the prox 55,279,000 tons produced in the like period last year. US Drill Rigs Running Down From [...]
Consumer Sentiment Remains Elevated At 98.4, consumer sentiment remains elevated. Confidence has been resilient in the face of trade uncertainty and could be a concern going forward. Personal finances were a bright spot in this month's report. Texas Manufacturing Outlook Survey Reports Factory Activity Continued to Expand in July The Federal Reserve Bank of Dallas [...]
