Gary Siegel

U.S. inflationary pressures were lower in August, as the U.S. future inflation gauge fell to 105.0 from a downwardly revised August 105.9 reading, according to data released Friday morning by the Economic Cycle Research Institute.

New orders for manufactured goods dropped 10.1% in August, after climbing an unrevised 10.5% in July, the Commerce Department reported Thursday.

New York City business activity grew at a faster pace in September, as the current business conditions index gained to 63.7 from 57.1 in August, the Institute for Supply Management-New York's Report on Business index, released Thursday, indicated.

Initial jobless claims fell 8,000 to 287,000 in the week ended Sept. 27, the Labor Department said Thursday.

The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.

Construction spending declined 0.8% in August, the Commerce Department said Tuesday, and is 5.0% above the August 2013 level.

Texas service sector activity "improved notably in September," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index gained to 26.9 from 21.0.

The consumer confidence index declined to 86.0 in September from a revised 93.4 last month, The Conference Board reported Tuesday.

The Chicago Purchasing Managers' Business Barometer slid to 60.5 in September from 64.3 in August, the National Association of Purchasing Management-Chicago said Tuesday.

The seasonally adjusted Milwaukee Report on Business rose to 63.2 in September from 59.6 in August, the Institute for Supply Management-Milwaukee reported Tuesday.

The Midwest Economy Index dipped to 0.55 in August from a revised 0.63 in July, the Federal Reserve Bank of Chicago reported Tuesday.

Liftoff is likely in the middle of next year, and rates should rise about one percentage point a year, according to an economist with the Federal Reserve Bank of San Francisco.

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

Pending home sales fell 1.0% to an index reading of 104.7 in August, after a revised 3.2% gain to 105.8 in July, according to a report released Monday by the National Association of Realtors.

Arguing that the labor market recovery is not yet complete, Federal Reserve Bank of Chicago President and Chief Executive Officer Charles L. Evans Monday reiterated his call for patience on monetary policy and restated his discomfort with calls to change policy sooner rather than later.

Federal Reserve Bank of Chicago President Charles Evans said he wants the Fed to hold off on liftoff until it is clear that the economy will grow after rate hikes.

Sales of new single-family homes grew 18.0% to a 504,000 seasonally adjusted annual rate in August, according to data released by the Commerce Department Wednesday.

Service sector activity "expanded" in September, according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "continued to grow at a moderate pace" in September, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index rose to 14 in September from 12 in August.

Federal Reserve Bank of Philadelphia president and chief executive officer Charles I. Plosser announced Monday he will retire effective March 1, 2015.