Optimism Rose for First Time Since December 2021

Optimism Rose for First Time Since December 2021 Optimism rose for first time since December 2021, according to the National Federation of Independent Business (NFIB) Small Business Optimism Index. July Consumer Price Index at 8.5 Percent The Consumer Price Index (CPI) released Wednesday, pegs inflation for July at 8.5 percent, a reduction, yes, but still [...]

2022-09-09T10:09:48-04:00A View|

26th Consecutive Month of Growth

A 26th Consecutive Month of Growth Achieved by Overall Economy A 26th consecutive month of growth in the overall economy was reported by the Institute for Supply Management (ISM) in its July 2022 Manufacturing ISM Report on Business. It further states economic activity in the manufacturing sector grew in July. The report was issued by [...]

2022-08-10T10:43:35-04:00A View|

Small Business Optimism Index Fell in June

The Small Business Optimism Index Fell in June to 89.5 The Small Business Optimism Index Fell in June to 89.5, down 3.6 points, according to the National Federation of Independent Business (NFIB). The index has been trending lower for a year now and June’s drop brought the index below the low hit in April 2020 [...]

2022-08-10T09:18:40-04:00A View|

Manufacturing Activity Expands Overall

Manufacturing Activity Expands Overall Manufacturing activity expands overall according to the Federal Reserve Bank of Philadelphia May 2022 Manufacturing Business Outlook Survey. It reports manufacturing activity in the region continued to expand overall this month, according to firms responding to the survey. The current general activity index declined, while the indicators for new orders and [...]

2022-07-01T15:49:00-04:00A View|

Consumer Confidence Increased Slightly in March

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 [...]

2022-05-16T16:59:44-04:00A View|

February 2022 Manufacturing Outlook Survey Reports Continued Expansion

February 2022 Manufacturing Outlook Survey Reports Continued Expansion The February 2022 Manufacturing Outlook Survey reports continued expansion in manufacturing activity in the month according to firms responding to the survey put out by Federal Reserve Bank of Philadelphia. US Raw Steel Production Down from Previous Week In the week ending February 12, 2022, US raw [...]

2022-03-29T14:59:10-04:00A View|

Highest Inflation Rate Since February 1982

Highest Inflation Rate Since February 1982 With the highest inflation rate since February 1982, the Consumer Price Index increased 0.6 percent in January on a seasonally adjusted basis. Over the last 12 months, inflation has burned at a 7.5 percent rate before seasonal adjustment.  US Raw Steel Production Down from Prior Week In the week [...]

2022-03-29T15:20:10-04:00A View|
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