Gary Siegel

The Conference Board's Employment Trends Index (ETI) gained to 121.29 in August from an upwardly revised 120.62 in July, and is up 6.4% from a year ago, the group announced Monday.

With "significant" labor market slack remaining, policymakers must be "patient" in removing monetary policy stimulus Federal Reserve Bank of Boston President & Chief Executive Officer Eric S. Rosengren said Friday.

U.S. inflationary pressures were flat in August, as the U.S. future inflation gauge remained 106.9 from the unrevised July 106.9 reading, according to data released Friday morning by the Economic Cycle Research Institute.

With the economy progressing, not is the time to "reformulate" the Federal Open Market Committee's forward guidance, Federal Reserve Bank of Cleveland President and CEO Loretta J. Mester said Thursday.

The U.S. services sector expanded at a faster pace in August as the non-manufacturing business activity composite index was 59.6 in the month, compared to 58.7 in July, on a seasonally adjusted basis, the Institute for Supply Management reported Thursday.

Private sector employment grew by 204,000 jobs in August, according to the ADP National Employment Report, released Thursday.

The European Central Bank announced its Governing Council cut interest rates 10 basis points on its main refinancing rate at its latest monetary policy meeting Thursday.

The Beige Book report shows expansion continued at a "modest" or "moderate pace," much like the recent reports.

New orders for manufactured goods surged 10.5% in July, after climbing a revised 1.5% in June, originally reported as a 1.1% increase, the Commerce Department reported Wednesday.

New York City business activity grew at a slower pace in August, as the current business conditions index slumped to 57.1 from 68.1 in July, the Institute for Supply Management-New York's Report on Business index, released Wednesday, indicated.

According to the ISM's monthly report on business, the ISM index gained to 59.0 in August from 57.1 in July.

Construction spending grew 1.8% in July, the Commerce Department said Tuesday, and is 8.2% above the July 2013 level.

The University of Michigan's final August consumer sentiment index reading was 82.5, compared to the preliminary August 79.2, and the final July 81.8, according to market sources.

The Chicago Purchasing Managers' Business Barometer surged to 64.3 in August from 52.6 in July, the National Association of Purchasing Management-Chicago said Friday.

The seasonally adjusted Milwaukee Report on Business fell to 59.6 in August from 63.9 in July, the Institute for Supply Management-Milwaukee reported Friday.

The Midwest Economy Index grew to 0.62 in July from a revised 0.56 in June, the Federal Reserve Bank of Chicago reported Friday.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "slowed slightly, but producers' expectations for future factory remained solid" in August, according to the bank's monthly manufacturing survey, released Thursday.

Pending home sales grew 3.3% to an index reading of 105.9 in July, after a revised 1.3% decline to 102.5 in June, according to a report released Thursday by the National Association of Realtors.

Texas service sector activity showed slightly slower expansion in August, according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index dipped to 21.0 from 21.5.

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