Economy in Brief

The June Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) slipped during June to 53.8 after three months at 55.4. Nevertheless, the level was nearly the highest since early-2007 [...]

The ECB sets its rate-targeting sights on the Euro-Srea's HICP a consumer prices measure not on the PPI which is producer prices measure. But producer prices are showing some inflation escalation despite this month's result which say [...]

The ECB sets its rate-targeting sights on the euro-area's HICP a consumer prices measure not on the PPI which is producer prices measure. But producer prices are showing some inflation escalation despite this month's result which say [...]

Up for a month or two then down for a month or two. That's been the pattern of U.S. unit sales of light vehicles since last Fall and it's left sales little changed from their November '09 level. For June, total light vehicle sales [...]

As the 2010 Census ended, 225,000 census jobs were lost. That accounted for most of last month's 125,000 decline in nonfarm payrolls. The 433,000 May increase was little revised but the 313,000 April gain was slightly stronger than [...]

The National Association of Realtors (NAR) reported that pending sales of existing single-family homes fell during May by nearly one-third versus April. The decline came with the removal of the government's $8,000 tax credit for [...]

Construction activity slipped 0.2% during May following revised 2.3% and 1.0% gains during the prior two months. The slip was in line with Consensus expectations for a 0.7% decline. Monthly declines in private construction were [...]

Growth still is positive, but for the factory sector the pace of improvement waned further last month. The June composite index from the Institute for Supply Management slipped to 56.2 from 59.7 in May. The latest figure disappointed [...]