Gary Siegel

U.S. inflationary pressures were slightly higher in January, as the U.S. future inflation gauge climbed to 101.2 from a revised 98.9 in December, originally reported as 98.6, according to data released Friday by the Economic Cycle Research Institute.

The U.S. services sector expanded at a quicker pace in January as the non-manufacturing business activity composite index was 56.8, compared to 53.0 in December, on a seasonally adjusted basis, the Institute for Supply Management reported Friday.

U.S. factory orders grew 1.1% in December, the Commerce Department reported Friday. Orders excluding transportation rose 0.6%.

U.S. inflationary pressures were slightly higher in January, as the U.S. future inflation gauge climbed to 101.2 from a revised 98.9 in December, originally reported as 98.6, according to data released Friday morning by the Economic Cycle Research Institute.

The U.S. services sector expanded at a quicker pace in January as the non-manufacturing business activity composite index was 56.8 in the month, compared to 53.0 in December, on a seasonally adjusted basis, the Institute for Supply Management reported Friday.

U.S. factory orders grew 1.1% in December, the Commerce Department reported Friday.

The most important of the Federal Open Market Committee’s three announcements after its latest policy meeting was that it couldn’t “specify an exact goal for employment” since nonmonetary factors have a great impact on labor markets, Federal Reserve Bank of Dallas President and CEO Richard W. Fisher said Thursday.

New York City business activity expanded in January at its fastest rate in eight months, as the current business conditions index improved to 60.1 in January from a revised 51.7 in December, according to the Institute for Supply Management-New York’s Report on Business index.

While the economy has gradually recovered over the past two and a half years, albeit at a “frustratingly slow” rate, such expansion leaves it vulnerable to shocks, and the outlook is still uncertain and requires “close monitoring of economic developments,” Federal Reserve Board chairman Ben Bernanke said Thursday.

The Treasury Department said Thursday it will auction $33 billion 91-day bills and $31 billion 182-day discount bills Monday.

The Treasury Department said it will auction $26 billion year bills on Tuesday, February 7.

While the economy has gradually recovered over the past two and a half years, albeit at a “frustratingly slow” rate, such expansion leaves it vulnerable to shocks, and the outlook is still uncertain, and requires “close monitoring of economic developments,” Federal Reserve Board Chairman Ben Bernanke said Thursday.

New York City business activity expanded in January, at its fastest rate in eight months, as the current business conditions index improved to 60.1 in January from a revised 51.7 in December, the Institute for Supply Management-New York’s Report on Business index indicated.

The Treasury Department said it will offer $72 billion of securities to refund $49.6 billion of securities maturing on Feb. 15 and raise $22.4 billion of new cash.

The overall economy grew for the 32nd straight time, while the manufacturing sector expanded for the 30th time, the Institute for Supply Management reported Wednesday.

The nation needs to be aware of inflation while monetary policy remains “very accommodative,” Federal Reserve Bank of Philadelphia president Charles Plosser said Wednesday.

About 4,383,400 online job postings appeared on leading Internet job boards in January, an increase of 61,300 from December, The Conference Board reported Wednesday.

The overall economy grew for the thirty-second straight time, while the manufacturing sector expanded for the thirtieth time, the Institute for Supply Management reported Wednesday.

The seasonally adjusted Milwaukee Report on Business gained to 58.40 in December from 57.77 in December, according to the Institute for Supply Management-Milwaukee.

The Treasury Department said it will offer $72 billion of securities to refund approximately $49.6 billion of securities maturing on February 15, andl raise approximately $22.4 billion of new cash.