Gary Siegel

New York City business activity "shifted into neutral" in March, as the current business conditions index declined to 50.0, from 63.1 in February, the Institute for Supply Management-New York's Report on Business index, released Thursday, indicated.

About 5,466,400 online job postings appeared on leading Internet job boards in March, an increase of 15,200 from February, the Conference Board reported Wednesday.

The overall economy grew for the seventieth straight time, while the manufacturing sector expanded for the twenty-seventh consecutive month, the Institute for Supply Management reported Wednesday.

Construction spending decreased 0.1% in February, the Commerce Department said Wednesday, and is 2.1% above the February 2014 level.

Texas service sector activity "continued to reflect expansion in March," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slid to 10.7 from 13.6.

The consumer confidence index grew to 101.3 in March from a revised 98.8 last month, The Conference Board reported Tuesday.

The Chicago Purchasing Managers' Business Barometer climbed to 46.3 in March from 45.8 in February, the National Association of Purchasing Management-Chicago said Tuesday.

The seasonally adjusted Milwaukee Report on Business increased to 53.3 in March from 50.3 in February, the Institute for Supply Management-Milwaukee reported Tuesday.

The Midwest Economy Index held at 0.49 in February, the Federal Reserve Bank of Chicago said Friday.

Texas factory activity, as measured by the production index, "declined in March," according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Pending home sales increased 3.1% to an index reading of 106.9 in February, after a revised 1.2% increase to 103.7 in January, according to a report released Monday by the National Association of Realtors.

The region's non-manufacturing sector climbed in March, as the general business conditions index climbed to 48.8 from 46.9 in February, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Service sector activity "slowed in March compared to a month earlier," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "activity declined in March," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index slid to negative 8 in March from 0 in February.

Although the economy has recovered slowly from the Great Recession, progress should allow the Federal Reserve to raise interest rates this year, Federal Reserve Board Vice Chair Stanley Fischer said Monday.

Existing home sales grew 1.2% to a seasonally adjusted 4.88 million-unit rate in February from an unrevised 4.82 million pace the previous month, the National Association of Realtors announced Monday.

The Chicago Fed National Activity Index for February slipped to negative 0.11 from a revised negative 0.10 reading in January, while the three-month moving average (CFNAI-MA3) dropped to negative 0.08 from a revised positive 0.26 in January, the Federal Reserve Bank of Chicago reported Monday.

The Federal Reserve has been planning for monetary policy normalization and is prepared to meet the challenges of removing accommodation when it occurs, Federal Reserve Bank of Cleveland President and Chief Executive Officer Loretta J. Mester said early Monday.

The region's manufacturing sector expanded at a slower pace in March, as the general business conditions index slipped to 5.0 from 5.2 in February, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

The composite index of Leading Economic Indicators was up 0.2% in February following an unrevised 0.2% rise in January, the Conference Board reported Thursday.