Seventeen-month High Index in Consumer Confidence A seventeen-month high, based on consumers' assessment of current business and labor market conditions rose along with the Conference Board Consumer Confidence Index in June. Manufacturing Activity Remained Relatively Flat in June The Federal Reserve Bank of Richmond released its Fifth District Survey of Manufacturing Activity and reports manufacturing [...]
Consumer Confidence Increased Slightly in March Consumer confidence increased slightly in March, according to the Conference Board Consumer Confidence Index, after a decrease in February. LEI Increased 1.9 Percent from September 2021 to March 2022 The Conference Board Leading Economic Index (LEI) for the US increased 0.3 percent in March, following a 0.6 percent increase [...]
New Home Sales Jumped 14% New home sales jumped 14% to an 800k-unit pace in September, the strongest since March. The median selling price was up 18.7% over the year, a more moderate increase compared to the 23.3% realized in the prior month. Wells Fargo US Raw Steel Production Down from Previous Week In the [...]
Texas Manufacturing Activity Accelerated in February 2020 Texas manufacturing activity accelerated, according to the Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey for February 2020, according to executives responding to the survey. The Production Index, a key measure of state manufacturing conditions, rose by 6 points, suggesting stronger output growth than in January. Other [...]
Welcome to 2020! Chicago Business Barometer Four-Month High In December The Chicago Business Barometer four-month high reached 48.9 after rising 2.6 points in December . Business sentiment dropped to its lowest reading since Q2 2009 and the index was below the 50-mark for the second consecutive quarter. Among the five main categories, Supplier Deliveries and [...]
Job Market Remains Strong The job market remains strong even in the face of trade disputes and labor strikes as US employers hired at a solid clip in October. The economy added 128,000 jobs in October, as reported by the Labor Department and job creation in September and August were revised up by a net [...]
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 [...]
Consumer Confidence Index Increased Again The Conference Board Consumer Confidence Index increased again in October. The Present Situation and the Expectations Index's both increased as well. These are at levels last seen in the fall of 2000. Consumers' assessment of present-day conditions remains quite positive, primarily due to strong employment growth." Said Lynn Franco, Senior [...]
Chicago Business Barometer Highest Level Since January The Chicago Business Barometer at highest level since January, rose to 64.1 in June. New orders were up for the second straight month while prices paid reached their highest level since May 2011. Lead times and backlogs also increased in June. Texas Factory Activity Continued in June The [...]
The Midwest Economy Index Increased to Highest Value Since June 2014 The Midwest Economy Index increased in April to +0.70 from +0.61 in March, reaching its highest value since June 2014. What do the index numbers mean? A zero value for the MEI has been associated with the Midwest economy expanding at its historical trend [...]
