Economy in Brief

Mass layoffs in the US as reported to the Bureau of Labor Statistics bounced up 39.6% in June and recouped nearly all of the prior month's 32.2% decline. The number of firms reporting mass layoffs in June rose to 1,379 from 988 in [...]

The average price for unleaded regular gasoline rose last week to $1.93, the second week of rise following six of decline from the peak of $2.06. Spot crude oil prices also moved higher with the price of West Texas Intermediate crude [...]

The Chicago Fed National Activity Index (CFNAI) fell last month to 0.00 from 0.75 in May. The three-month moving average of the CFNAI similarly dipped to 0.41, the second lowest reading this year. A zero value of the CFNAI indicates [...]

The Chicago Fed National Activity Index (CFNAI) fell last month to 0.00 from 0.75 in May. The three-month moving average of the CFNAI similarly dipped to 0.41, the second lowest reading this year. A zero value of the CFNAI indicates [...]

The July Composite Index of Leading Economic Indicators reported by the Conference Board fell 0.3%. Only a 0.1% reduction had been expected. June's 0.2% fall was revised to 0.1%. Among the 10 components, six contributed negatively in [...]

The July Composite Index of Leading Economic Indicators reported by the Conference Board fell 0.3%. Only a 0.1% reduction had been expected. June's 0.2% fall was revised to 0.1%. Among the 10 components, six contributed negatively in [...]

Initial claims for jobless insurance fell an expected 11,000 last week to 339,000. The latest figure covers the July survey period for non-farm payrolls and claims were about even with the June period. During the last ten years there [...]

The June Composite Index of Leading Economic Indicators reported by the Conference Board fell unexpectedly by 0.2%. A 0.4% increase had been expected. It was the first decline since March of last year. Though 55% of the component [...]