Small Business Confidence Rose 0.4 Points

Small Business Confidence Rose 0.4 Points Small business confidence rose 0.4 points in August as five of the ten components of the National Federation of Independent Business (NFIB) Optimism Index improved during the month. Empire State Manufacturing Grew at a Swift Pace September 2021 The Federal Reserve Bank of New York released its Empire State [...]

2021-10-04T08:06:35-04:00A View|

New Orders Increased in New York State in August

New Orders Increased in New York State in August New orders increased and shipments grew slightly, according to the Federal Reserve Bank of New York Empire State Manufacturing Survey for August. It reports business activity continued to expand in New York state, according to firms responding to the survey, though growth was slower than last [...]

2021-08-23T15:08:05-04:00A View|

US Economy Added 943,000 Jobs

The US economy added 943,000 jobs in July and the unemployment rate dropped to 5.4 percent. Manufacturing Sector Grew in July for 14th Consecutive Month The Institute for Supply Management (ISM) released its July 2021 Manufacturing ISM Report on Business and reports economic activity in the manufacturing sector grew in July with the overall economy [...]

2021-08-23T14:20:20-04:00A View|

Demand is Strong

Demand is Strong According to the Chicago Business Barometer Demand is strong according to the Chicago Business Barometer, which jumped to 73.4 in July, a two-month high and the second highest pandemic era reading. Demand is strong but firms remain concerned about supply chain disruptions and rising prices. Among the five main indicators, Production saw [...]

2021-08-23T13:37:20-04:00A View|

Year-Over-Year Real GDP Growth Forecast

Year-Over-Year Real GDP Growth Forecast Year-over-year real GDP growth forecast by the Conference Board is 6.6 percent for 2021 and a healthy 3.8 percent for 2022.   The Conference Board Leading Economic Index (LEI) for the US increased by 0.7 percent in June. June’s gain in the US LEI was broad-based and, despite negative contributions [...]

2021-07-23T16:30:57-04:00A View|

New York Business Activity Grew at a Record-Setting Pace

New York Business Activity Grew at a Record-Setting Pace New York business activity grew at a record-setting pace in July. The Federal Reserve Bank of New York's  Empire State Manufacturing Survey for July 2021 reports the state's outstanding growth, according to firms responding to the survey. The headline general business conditions index shot up 26 [...]

2021-07-23T15:50:53-04:00A View|
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