Economic indicators

New York City’s economy grew 2.7% in the second quarter, as its unemployment fell to a historic low.

Consumers’ inflation expectations held, but respondents’ optimism about wages dipped in July.

The federal government ran a $76.9 billion deficit in July.

U.S. consumer prices rose in July, with a gauge excluding food and fuel costs posting the biggest annual gain since 2008.

June wholesale inventories increased by 0.1%, revised upward from the flat reading reported in the advance estimate.

Initial jobless claims fell by 6,000 to 213,000 in the August 4 week, below the 220,000 level expected.

U.S. wholesale prices were unchanged in July as costs for services fell for the first time this year.

Labor market “activity increased modestly and momentum remained high in July.”

Consumer credit increased by $10.2 billion in June to $3.908 trillion, the Federal Reserve reported Tuesday.

U.S. job openings edged higher, indicating ongoing strength in demand for workers, Labor Department data showed Tuesday.

The central bank's survey of loan officers said banks are easing their credit standards for commercial and industrial loans as competition heats up.

The Conference Board's Employment Trends Index (ETI) rose to 109.89 in July from a downwardly revised 108.72 in June.

The U.S. services sector expanded at a slower pace in July as the non-manufacturing index fell to 55.8 from 59.1 in June.

The U.S. trade deficit grew in June for the first time in four months as imports increased and the value of shipments overseas declined.

U.S. hiring cooled in July after more-robust gains than previously reported, while the unemployment rate slipped back below 4%.

New orders for manufactured goods increased 0.7% in June, after growing an unrevised 0.4% in May, the Commerce Department reported Thursday.

The New York economy surged in July, with current conditions nearly reaching future expectation levels.

Filings for U.S. unemployment benefits were little changed last week, hovering close to a five-decade low.

Construction spending fell by 1.1% in June, below the 0.2% gain expected.

The overall economy grew for the 111th straight time.