Economic indicators

The Chicago Business Barometer declined to 58.4 in October from 60.4 in September.

Compensation costs for civilian workers increased 0.8%, seasonally adjusted, for the three-month period ending in September.

Private-sector employment was estimated to have risen 227,000 in October, ADP reported.

Texas service sector activity continued to expand in September, according the Federal Reserve Bank of Dallas

The consumer confidence index rose to 137.9 in October from a revised 135.3 in September.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.8% annual gain in August, down from 6.0% in July.

Three of four economic measures improved in September from August.

Texas factory activity continued to expand in October, although at a slower pace than the previous month.

Purchases, which account for about 70% of the economy, rose 0.4% from the prior month, matching economists' estimates.

The University of Michigan's final October consumer sentiment index reading was 98.6, compared to the preliminary October 99.0.

The U.S. economy expanded at a 3.5% pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported slower growth in October, with tariffs causing supply issues.

Pending home sales climbed 0.5% to an index reading of 104.6 in September, after a revised 1.9% fall to 104.1 in August.

The value of U.S. durable goods new orders were stronger than expected, rising by 0.8% in September compared with the 1.0% decline forecast.

Initial claims U.S. state unemployment benefits rose by 5,000 to 215,000 in the October 20 week, right on expectations and showing signs of an impact from Hurricane Michael.

Rising materials and shipping costs due in part to tariffs and difficulty finding qualified workers are among the top concerns for businesses.

U.S. purchases of new homes fell more than estimated in September to the weakest pace since December 2016.

Service sector “activity softened in October,” according to the Federal Reserve Bank of Richmond service-sector activity survey.

Manufacturing growth in the central Atlantic region “expanded moderately in October,” while prices accelerated.

The region's services sector expanded at a steady pace, as the general business conditions index grew to 37.6 in October from 37.4 in September,