CCL Market Update: NFIB Small-Business Index The National Federation of Independent Business small business optimism index declined 0.5 points to a seasonally adjusted 107.4 in October; a four-month low. The biggest declines of the ten components that make up the index came from questions on expansion and...
ISM Manufacturing Index Executives at service- oriented companies said the economy continued to run strong into October. The non-manufacturing index compiled by the Institute for Supply Management slipped to 60.3 last month from the 21 year high of 61.6 set in September. The reading in September,...
Producer Price Index The wholesale cost of US goods and services snapped back in September, the level of inflationary pressure however has appeared to have eased, temporarily at the very least. The producer price index climbed up 0.2% in the last month, springing back from the...
PMI Manufacturing Index The PMI manufacturing index’s sample reported solid strength in September at a final 55.6 index, unchanged from the mid-month flash and is well above August’s level of 54.7. The sample posted strong orders in the month with growth centered narrowly in the domestic...
Chicago Fed National Activity Index The National Activity Index put out by the Chicago Fed, this index tracks overall economic activity as well as inflationary pressures. The Index is a weighted average of 85 existing monthly indicators of national economic activity and inflationary pressures. A positive...
Empire State Index Factories in the New York region of the US churned out goods at a slower but still prosperous pace in September. The Empire State manufacturing index fell to 19 points in September from a 25.6 reading in August, which was a 10-month high....
Consumer Credit Consumer borrowing picked up in July, total consumer credit rose $16.6 billion in July to a seasonally adjusted $3.91 trillion. That is an annual growth rate of 5.1%. Economists had been expecting a $13.9 billion gain. Credit rose a revised $8.5 billion in June,...
ISM Manufacturing Index Business conditions surged in August to a 14-year high as American manufacturers continue their success. The manufacturing index jumped to a 14 year high of 61.3% last month from 58.1% in July. Economists had predicted the index to total 57.9%. Readings over 50%...
Chicago National Activity Index A measure of the US economy from the Chicago Federal Reserve slowed in July from June’s robust performance, owed in large part to lighter output at the nation’s factories. The Chicago Fed’s index of national economic activity registered at a positive 0.13...
Existing Home Sales Existing home sales ran at a 5.34 million seasonally adjusted annual rate in July, down 0.7% from June. This was the slowest pace since February 2016 and missing the forecast of 5.40 million. Sales of previously owned homes fell for the fourth straight...