Economic indicators

The value of new factory orders fell by 3.3% in July, falling slightly lower than the expected -3.1% by analysts from an MNI survey.

“New York City purchasing managers reported decreased current business conditions,” the Institute for Supply Management-New York’s Report on Business index indicated.

ECRI inflation gauge rises to 111.9 in August.

The University of Michigan's final August consumer sentiment index reading was 96.8, compared to the preliminary August 97.6 and the final July 93.4, according to market sources.

Construction spending was down 0.6% in July, with a 0.4% decline in private construction and a larger 1.4% drop in public construction, data released by the Commerce Department Friday morning showed.

The overall economy grew for the ninety-ninth straight time, the Institute for Supply Management reported Friday.

The U.S. economy added fewer employees than expected in August, the jobless rate rose and wages rose less than forecast, in a break from otherwise solid progress in the labor market.

Pending home sales decreased 0.8% to an index reading of 109.1 in July, after a downwardly revised 1.3% gain to a 110.0 reading in June, according to a report released Thursday by the National Association of Realtors.

The Chicago Business Barometer was unchanged at 58.9 in August.

The seasonally adjusted Milwaukee Report on Business decreased to 55.41 in August from 56.98 in July, the Institute for Supply Management-Milwaukee reported Thursday.

Personal income was up 0.4% in July, while nominal PCE was up 0.3%, and the core PCE price index posted a 0.1% gain.

Initial claims for U.S. state unemployment benefits rose by 1,000 to 236,000 in the August 26 week, as expected, following an upward revision to the claims level in the previous week, data released by the Labor Department Thursday showed.

The Midwest Economy Index declined to 0.29 in July from 0.43 in June, the Federal Reserve Bank of Chicago said Thursday.

About 4,479,800 online job postings appeared on leading internet job boards in August, a decrease of 125,900 from July, the Conference Board reported Wednesday.

Second quarter GDP growth was revised up to a 3.0% annual rate from the 2.6% pace in the advance estimate, data released Wednesday by the Bureau of Economic Analysis showed.

Private-sector employment increased by 237,000 in August, on a seasonally adjusted basis, ADP estimated Wednesday.

Texas service sector activity “continued to reflect expansion in August, albeit at a slightly slower pace,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slid to 14.2 from 15.7.

The consumer confidence index increased to 122.9 in August from a revised 120.0 last month, The Conference Board reported Tuesday.

Home prices rose 5.8% on an annual basis in June, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

Texas factory activity, as measured by the production index, “continued to increase in August,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.