Economy in Brief

Manufacturers' orders declined a greater-than-expected 0.7% (-1.2% year-on-year) in May following a slightly downwardly-revised 1.2% drop in April (was -0.8%). The Action Economics Forecast survey looked for a 0.5% decrease. Factory [...]

Initial unemployment insurance claims decreased 8,000 to 221,000 in the week ended June 29 from a slightly upwardly revised 229,000 (originally 227,000) the previous week. The consensus expectation in the Action Economics Survey was [...]

Initial unemployment insurance claims decreased 8,000 to 221,000 in the week ended June 29 from a slightly upwardly revised 229,000 (originally 227,000) the previous week. The consensus expectation in the Action Economics Survey was [...]

Initial unemployment insurance claims increased 10,000 to 227,000 in the week ended June 22 ... Continuing claims for unemployment insurance increased to 1.688 million in the week ended June 15.. Data on weekly unemployment claims [...]

The Composite Index of Nonmanufacturing Sector Activity from the Institute for Supply Management (ISM) dipped to 55.1 in June after rising to 56.9 in May. The Action Economics Forecast Survey had expected a slight deterioration to [...]

The U.S. trade deficit in goods and services widened more than expected in May to $55.5 billion from an upwardly revised $51.2 billion in April (originally $50.8 billion). The consensus expectation from the Action Economics Survey was [...]

The ADP National Employment Report count of private nonfarm payrolls increased a smaller-than-expected 102,000 in June (1.8% year-on-year) following an upwardly-revised 41,000 gain in May (was 27,000). The April reading was revised [...]

The Autodata Corporation reported that sales of light vehicles during June edged down by 0.7% (up 0.3% y/y) to 17.28 million units (SAAR). Total vehicle sales have been moving sideways for the past four years at what the auto industry [...]