Gary Siegel

The overall economy grew for the twenty-seventh straight time, while the manufacturing sector expanded for the twenty-fifth time, the Institute for Supply Management reported Thursday.

About 3,990,600 online job postings appeared on leading Internet job boards in August, a drop of 163,900 from July, the Conference Board reported Wednesday.

The seasonally adjusted Milwaukee Index remained at 58 in August, according to the Institute for Supply Management-Milwaukee.

New York City business activity contracted for the first time since 2009 as the current business conditions index declined to 47.8 in August from 57.2 in July, according to the Institute for Supply Management-New York’s Report on Business current business conditions index.

The Chicago Purchasing Managers’ Business Barometer slid to 56.5 in August from 58.8 in July, the National Association of Purchasing Management-Chicago said Wednesday.

The current monetary policy stance works, but as the economic recovery continues, adjustments may be needed, according to Federal Reserve Bank of Atlanta president Dennis Lockhart, which he said could include “further policy accommodation.”

The current monetary policy stance works, but as the economic recovery continues, adjustments may be needed, according to Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis P. Lockhart, who noted that could include “further policy accommodation.”

About 3,990,600 online job postings appeared on leading Internet job boards in August, a decrease of 163,900 from July, The Conference Board reported Wednesday.

The seasonally adjusted Milwaukee Index remained at 58 in August, according to the Institute for Supply Management-Milwaukee.

The Chicago Purchasing Managers’ Business Barometer slid to 56.5 in August from 58.8 in July, the National Association of Purchasing Management-Chicago said Wednesday.

New York City business activity contracted for the first time since 2009, as the current business conditions index declined to 47.8 in August from 57.2 in July, the Institute for Supply Management-New York’s Report on Business current business conditions index indicated.

If the Federal Open Market Committee followed the “rules” of economics, they would have tightened policy at their Aug. 9 meeting, according to Federal Reserve Bank of Minneapolis president Narayana Kocherlakota.

If the Federal Open Market Committee followed the “rules” of economics, they would have tightened policy at their August 9th meeting instead of easing policy, according to Federal Reserve Bank of Minneapolis President Narayana Kocherlakota.

The Treasury Department Wednesday sold $30 billion 14-day cash management bills, dated Sept. 1, due Sept. 15, at a 0.005% high tender rate.

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.005% high yield, a price of 99.999611.

The consumer confidence index sank to 44.5 in August from a downwardly revised 59.2 last month, The Conference Board reported Tuesday.

The Chicago Fed Midwest manufacturing index was up 0.5% in July at a seasonally adjusted level of 84.8, as three of the four regional sectors showed improvement, the Federal Reserve Bank of Chicago reported Monday.

Pending home sales declined 1.3% to a reading of 89.7 in July from a revised 90.9 in June, according to a report released Monday by the National Association of Realtors.

Texas factory activity, as measured by the production index, was nearly flat in August, according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas.

Tender rates for the Treasury Department’s latest 92-day and 182-day discount bills were unchanged, as the three-months incurred a 0.015% high rate, unchanged from 0.015% the prior week, and the six-months incurred a 0.045% high rate, unchanged from 0.045% the week before.