Gary Siegel

Manufacturing activity in the central Atlantic region "improved in July," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, although the manufacturing index reversed to positive 10 in July from negative 10 in June.

The consumer confidence index decreased to 97.3 in July from a revised 97.4 last month, The Conference Board reported Tuesday.

The region's non-manufacturing sector surged in July, as the general business conditions index gained to 28.8 from 10.8 in June, this month's Federal Reserve Bank of Philadelphia Report on Business, released Tuesday, indicates.

Texas factory activity, as measured by the production index, "held steady in July," according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

The composite index of Leading Economic Indicators was up 0.3% in June following an unrevised 0.2% drop in May, the Conference Board reported Thursday.

Existing home sales grew 1.1% to a seasonally adjusted 5. 75 million-unit rate in June from a downwardly revised 5.51 million sales pace the previous month, the National Association of Realtors announced Thursday.

The Chicago Fed National Activity Index for June climbed to positive 0.16 from negative 0.56 in May, while the three-month moving average (CFNAI-MA3) narrowed to negative 0.12 from negative 0.39 in May, the Federal Reserve Bank of Chicago reported Thursday.

The region's manufacturing sector contracted in July, as the general business conditions index slipped to negative 2.9 from positive 4.7 in June, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Builders' confidence in the market for new single-family homes was down marginally as the National Association of Home Builders' housing market index slid to 59 in July from 60 in June.

The New York region's service sector activity "expanded modestly," according to the Federal Reserve Bank of New York's July Business Leaders Survey, released Monday.

The University of Michigan's preliminary July consumer sentiment index reading was 89.5, compared to the final June 93.5, according to market sources.

Industrial production surged 0.6% in June, the Federal Reserve reported Friday.

The Empire State Manufacturing Survey showed "business activity flattened out for New York manufacturers," the Federal Reserve Bank of New York reported Friday, as the general business conditions index slipped to 0.55 in July from 6.01 in June.

The Federal Reserve must exercise patience while the Brexit fallout settles, Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis Lockhart said Thursday.

The federal government ran a $6.3 billion surplus in June, the Treasury Department reported Wednesday.

Modest expansion was reported by most of the 12 Federal Reserve Districts, according to the latest beige Book report, released Wednesday.

Labor market conditions were "little changed, while momentum accelerated modestly," as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) increased to positive 0.015 in June from a revised negative 0.01 in May, according to the Bank.

Consumers decreased their expectations for one-year inflation but lifted their projections for three years out, according to the June Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

The Conference Board's Employment Trends Index (ETI) gained to 128.13 in June from a downwardly revised 126.42 in May, and is up 1.8% from a year ago, the group announced Monday.

Consumer credit increased by $18.6 billion in May to $3.624 trillion, the Federal Reserve reported Friday.