Economy in Brief

• Existing home sales rose last month to highest level since December 2006. • Sales strength was broad-based across the nation. • Pricing power picked up. The National Association of Realtors (NAR) reported that sales of existing [...]

• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]

• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]

The German PPI rose month-to-month for the second month in a row. However, its year-on-year change fell for the sixth month in a row. The monthly upward pressure is still modest with prices rising by only 0.2% in July after tacking [...]

• Component gains are somewhat mixed. • Coincident indicators rise further. • Lagging indicators indicate less economic stress. The Conference Board reported that its Composite Index of Leading Economic Indicators increased 1.4% [...]

• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]

• State initial jobless claims increased to 1.1 million in the week ending August 15, reversing most of the previous week's decline below 1 million. • Federal Pandemic Unemployment Assistance new filers increased to 542,797. • [...]

• Component movement was mixed. • Expectations remain depressed. The Federal Reserve Bank of Philadelphia reported that its General Factory Sector Business Conditions Index fell in August to 17.2% from 24.1% during July. It was the [...]