Economic indicators

“New York City purchasing managers indicated they expect to close 2017 with increased business activity,” the Institute for Supply Management-New York’s Report on Business index, released Wednesday, indicated.

Construction spending was flat in May, data released by the Commerce Department Monday morning showed.

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

The University of Michigan's final June consumer sentiment index reading was 95.1, compared to the preliminary June 94.5, and the final May 97.1, according to market sources.

The Chicago Business Barometer rose to 65.7 in June from 59.4 in May.

The seasonally adjusted Milwaukee Report on Business remained in a range in June.

Personal income rose 0.4% in May, while nominal PCE was up 0.1%, and the core PCE price index posted another modest 0.1%, data released by the Commerce Department Friday morning showed.oans.

The Midwest Economy Index declined to 0.51 in May from 0.72 in April, the Federal Reserve Bank of Chicago said Friday.

Initial claims for U.S. state unemployment benefits rose 2,000 to 244,000 in June 24 week, stronger than the 241,000 level expected.

First quarter GDP growth was revised up to a 1.4% pace in the third estimate from the 1.2% gain in the second estimate, with a strong upward revision to PCE the key factor, data released Thursday by the Bureau of Economic Analysis showed.

Pending home sales decreased 0.8% to an index reading of 108.5 in May, after a downwardly revised 1.7% slide to 109.4 in April, according to a report released Wednesday by the National Association of Realtors.

Texas service sector activity “continued to reflect expansion in June 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 14.8 from 15.9.

Service sector activity “improved at a more moderate pace in June,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing in the central Atlantic region “improved in June,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index climbed to 7 in June from 1 in May.

The consumer confidence index increased to 118.9 in June from a revised 117.6 last month, The Conference Board reported Tuesday.

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

The value of U.S. durable goods new orders fell 1.1% in May, well below expectations for a 0.5% decline, as transportation orders plunged 3.4% and nontransportation orders posted only a modest 0.1% gain, data released Monday by the Commerce Department showed.

The Chicago Fed National Activity Index for May decreased to negative 0.26 from positive 0.57 in April, the Federal Reserve Bank of Chicago reported Monday.

The pace of new single-family home sales rose to a stronger-than-expected 610,000 seasonally adjusted annual rate in May, following upward revisions to the sales pace in the previous three months, data released by the Commerce Department Friday showed.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "expanded at a slower pace with solid expectations for future activity" in June, according to the bank's monthly manufacturing survey, released Thursday.