Gary Siegel

According to the ISM's monthly report on business, the ISM index increased to 60.2 in June from 58.7 in May.

The University of Michigan's final June consumer sentiment index reading was 98.2.

The May Midwest Economy Index slipped to 0.51 from an upwardly revised 0.55 in April.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported stronger activity and optimism in June.

With interest rates expected to remain low by historical standards, Federal Reserve Bank of Boston President Eric Rosengren said Wednesday, the Fed should consider ways to keep short-term interest rates from hitting zero.

Pending home sales declined 0.5% to an index reading of 105.9 in May, after an unrevised 1.3% fall to 106.4 in April.

Texas service sector activity “continued to increase in June, although at a slightly slower pace than last month.”

Service sector “activity grew robustly in June,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing growth in the central Atlantic region “continued to expand in June.”

The consumer confidence index decreased to 126.4 in June from a revised 128.8 last month, The Conference Board reported Tuesday.

Home prices rose 6.4% on an annual basis in April, not seasonally adjusted.

The region's services sector showed “continued expansion,” as the general business conditions index slid to 39.1 in June from 45.3 in May.

Texas factory activity growth, as measured by the production index, “continued in June, albeit at a slower pace than in May,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

The Chicago Fed National Activity Index for May decreased to negative 0.15 from an upwardly revised positive 0.42 in April.

Manufacturers report continued growth in June, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported increasing costs.

Existing home sales fell 0.4% to a seasonally adjusted 5.43 million-unit rate in May.

Despite “significant uncertainty” in monetary policymaking, the Federal Open Market Committee continues to back gradual increases in the federal funds rate, Fed Chair Jerome Powell said Wednesday.

Municipal bonds turned weaker after the Federal Reserve raised interest rates.

Federal Reserve Board Chairman Jerome Powell said he will hold a press conference after every Federal Open Market Committee meeting, beginning in January.

The federal government ran a $146.8 billion deficit in May, the Treasury Department reported Tuesday.