Import Prices Fall Again In August
August’s fall in import prices was led by a steep monthly decline in the price of imported fuel, which plunged 13.3%.
Q2 GDP Higher Than Initially Thought
The size of the upward revision surprised economists and suggests the U.S. economy had some momentum entering the third quarter.
Core Capital Goods Orders Up Again In July
The 2.2% increase is the biggest since June 2014 and may help convince the Fed to go ahead with an interest rate hike this year.
Consumer Prices Rise Slightly in July
Despite the tame inflation trend, signs of an improving economy may keep the Fed on course to hike interest rates this year.
Auto Industry Boosts Manufacturing Output
Industrial production was up 0.6% in July but the manufacturing sector as a whole rose only 0.1%.
Oil Glut to Continue Through 2016
The International Energy Agency says a "rebalancing" between supply and demand is under way but it will be a lengthy process.
Homes Sales and Prices Surge In June
Existing home sales in June rose 3.2%, to 5.49 million, from a downwardly revised 5.32 million in May.
CFOs Downbeat on Their Companies’ Prospects: Deloitte
The percentage of CFOs expressing rising optimism in their company's prospects fell to 38% from last quarter's 48%.
Gasoline Leads Rise in Consumer Prices
The U.S. Consumer Price Index jumped 0.4% in May, the largest increase in two years.
Too Much Finance Hampers Economic Growth: OECD
Over the past 50 years, credit by banks and other institutions to households and businesses has grown three times as fast as economic activity.
Signs of a Second-Quarter Rebound?
Orders for durable goods declined at a seasonally adjusted 0.5% in April, but excluding the transportation sector the numbers showed signs of life.