Economy in Brief: June 2018

The job market exhibited buoyancy during May. Nonfarm payrolls increased 223,000 following a 159,000 April rise and a 155,000 March increase. Together, payrolls during these two months were revised up 15,000. A 185,000 rise in [...]

Activity in the factory sector picked up in May following a moderation in April. The ISM headline manufacturing index jumped 1.4 points to 58.7 in May from 57.3 in April. This index has moderated since earlier this year, but remains [...]

The value of construction put-in-place recovered in April, rising a larger-than-expected 1.8% m/m (8.3% y/y) after having fallen 1.7% m/m in March (unrevised). The 1.0% m/m increase initially reported for February was revised up to a [...]

The job market exhibited buoyancy during May. Nonfarm payrolls increased 223,000 following a 159,000 April rise and a 155,000 March increase. Together, payrolls during these two months were revised up 15,000. A 185,000 rise in [...]

Manufacturing PMIs from the early-reporting Asian nations show that manufacturing has firmed slightly in May, but without generating any real signs of life. PMIs eased in two of seven reporters and gained pace in five of seven. April [...]