Economy in Brief

Personal income in July was almost exactly equalto June's amount, $11,957.4 billion versus $11,953.6 billion. While transfer payments and dividends decreased, this report includes the first increase in wages and salaries since last [...]

The chart exhibits growth rates for money presented in national currency terms for several key countries. The table produces the same data with some different horizons for calculation. In the chart’s lower panel, the various series [...]

The pace of real GDP change was unchanged in today's report from the Commerce Department, which showed a 1.0% rate of decline. Inventories were revised lower but offset in the GDP tally by a smaller decline in domestic final sales and [...]

The pace of real GDP change was unchanged in today's report from the Commerce Department, which showed a 1.0% rate of decline. Inventories were revised lower but offset in the GDP tally by a smaller decline in domestic final sales and [...]

The month-to-month improvement in the all sector IFO diffusion index is the second largest since 1991. All sectors improved in the month. The manufacturing index is improving especially rapidly. The services sector has dug itself out [...]

Sales of new single-family homes rose again in July, the fourth consecutive monthly gain. The seasonally adjusted annual rate was 433,000, up 9.6% from an upwardly revised 395,000 in June and the largest monthly amount since September [...]

Durable goods orders rebounded in July, jumping 4.9%, and June's numbers were revised higher so that the original 2.5% decline is now shown at 1.3%. The major part of the July gain was in nondefense aircraft orders, which more than [...]

Durable goods orders rebounded in July, jumping 4.9%, and June's numbers were revised higher so that the original 2.5% decline is now shown at 1.3%. The major part of the July gain was in nondefense aircraft orders, which more than [...]