The Institute for Supply Management said its Non-Manufacturing Index registered 53.7% in May, 0.2 percentage point higher than the 53.5% registered in April, indicating continued growth at a slightly faster rate. read more
JUN 6, 2012 - 7:15 am
Bloomberg reported that the U.S. economy looks set to deliver a repeat performance in 2012: for the third straight year, it may suffer a swoon, yet not slip into a recession. read more
JUN 4, 2012 - 7:25 am
Economic activity in the manufacturing sector expanded in May for the 34th consecutive month, according to the latest Manufacturing ISM Report On Business. May's Purchasing Mangers Index showed a 'modest decrease' of 1.3 percentage points from April's reading. read more
JUN 4, 2012 - 7:10 am
The U.S. Bureau of Labor Statistics reported that the May unemployment rate was "essentially unchanged" at 8.2% from 8.1% last month. Employers added 69,000 jobs in May, compared to 77,000 in April. In comparison, the average monthly gain was 226,000 in the first quarter of the year, the report said. read more
JUN 4, 2012 - 7:00 am
According to the most recent Thomson Reuters/University of Michigan's Surveys of Consumers report, consumer confidence improved in each of the past nine monthly surveys, rising to its highest level since October 2007. More favorable job and wage prospects were the main factors behind the improved outlook. read more
MAY 30, 2012 - 7:15 am
New orders for manufactured durable goods in April increased $0.3 billion or 0.2% to $215.5 billion, the U.S. Census Bureau announced in its advance report. This increase, up two of the last three months, followed a 3.7% March decrease. read more
MAY 24, 2012 - 1:00 pm
According to the recently released minutes of the last FOMC meeting, the Fed said some forward looking indicators pointed toward a pickup in the pace of expenditures for business equipment. read more
MAY 21, 2012 - 7:25 am
The Institute for Supply Management reported its Non-Manufacturing Index fell to 53.5% in April from 56% in March. The reading indicates continued growth in April, but at a slower rate, the ISM said. read more
MAY 3, 2012 - 3:30 pm
The Commerce Department reported that real gross domestic product increased 2.2% in Q1/12, after increasing 3.0% in Q4/11, according to the advance estimates by the Bureau of Economic Analysis. read more
APR 30, 2012 - 8:00 am
New orders for manufactured durable goods in March decreased $8.8 billion or 4.2% to $202.6 billion, the U.S. Census Bureau announced in its advanced report. This decrease, down two of the last three months, followed a 1.9% February increase. read more
APR 27, 2012 - 6:50 am
Expectations for the U.S. economy are improving, with 49% of the participants in the 2012 Chase Middle Market Business Leaders Outlook saying they are optimistic about the nation's economic prospects in the year ahead. read more
APR 12, 2012 - 7:30 am
The U.S. economy continued to expand at a modest to moderate pace from mid-February through late March, with modest improvements in demand for lending, according to the Federal Reserve’s Beige Book report. read more
APR 11, 2012 - 2:10 pm
Bloomberg reported that four Federal Reserve regional bank presidents who vote on monetary policy this year see less of a need for the Fed to spur the economy with new accommodation. read more
APR 5, 2012 - 8:25 am
The Institute for Supply Management's latest Report on Business Non-Manufacturing Index in March was 1.3 percentage points lower than the 57.3% registered in February, indicating continued growth at a slower rate. read more
APR 5, 2012 - 8:05 am
Economic activity in the manufacturing sector expanded in March for the 32nd consecutive month, and the overall economy grew for the 34th consecutive month, according to the latest Manufacturing ISM Report On Business. read more
APR 2, 2012 - 2:00 pm