Economy in Brief: 2019

The U.S. pump price for gasoline slipped to $2.56 per gallon (-9.2% y/y) last week from the prior week's $2.57 per gallon. Prices have fallen from the early-May high of $2.90. Haver Analytics calculates price figures adjusted for [...]

PREVIOUS>>>>The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) increased to 56.4 during August..... The ISM figures are available in Haver's USECON database, with additional detail [...]

Sequential price trends from 12-months to 6-months to 3-months show the PPI’s annual rate of expansion is steadily slowing and doing so for all three major price categories as well. The exception is for consumer goods where a six- [...]

The value of construction put-in-place improved 0.1% (-2.3% y/y) during July following two months of 0.7% decline. June's drop was revised from -1.3%. A 0.3% rise had been expected in the Action Economics Forecast Survey. Construction [...]

Activity in the manufacturing is declining. The ISM manufacturing index fell to 49.1 during August from 51.2 in July. It was the lowest level since January 2016 and was below the expansion peak of 60.8 last August. The Action [...]

The Chicago Business Barometer fell to 44.4 during July... The MNI Chicago Report is produced by MNI in partnership with ISM-Chicago. The survey covers a sample of over 200 purchasing professionals in the Chicago area with a monthly [...]

Personal income increased 0.4% (4.9% y/y) during June ......... Personal consumption expenditures increased 0.3% during June........... The personal income and consumption figures are available in Haver's USECON database with detail [...]

The Chicago Business Barometer rebounded to 50.4 in August from 44.4 during July, putting the index back above the 50% breakeven between growth and decline. This was stronger than the consensus in the Action Economics Forecast Survey, [...]