Manufacturing industry

With many states facing more coronavirus cases, experts are split on what the report will show.

The ISM manufacturing index hit a 16-month high, but construction spending unexpectedly fell in June.

Friday's batch of economic indicators offered some bright spots and some dark.

With rates at zero lower bound, and staying there, analysts are focusing on the post-meeting statement.

Initial jobless claims increased for the first time since March, causing some to worry about the economic recovery.

A handful of economic indicators offered no clarity about the economy, which appears to be improving marginally, but remains fragile.

Although economic activity increased, an uncertain outlook clouds the future.

The bipartisan Modernizing Agricultural and Manufacturing Bonds Act would expand the small issue manufacturing bonds and first-time farmer bonds programs.

While the headline number improved, key components tell different story.

The impact of COVID-19 is still ripping through the economy as the Institute for Supply Management-New York index fell to a new low of 4.3 in April and factory orders slumped 10.3% in March.

Several of the Lone Star State's manufacturing indexes dropped to record lows in April, a Dallas Fed survey showed.

Incoming data continued to show massive hits from the efforts to stem the spread of COVID-19, with jobless claims doubling and the New York manufacturing sector hitting all-time lows in activity.

Wednesday’s economic data were not as bad as projected, but included just the beginning of the effects of the coronavirus on the economy.

Consumer confidence dropped in March as the economy shut down to prevent the spread of the coronavirus, but economists expected a larger decline.

Initial jobless claims surged, as expected, hitting an all-time high of a seasonally adjusted 3.283 million in the week ended March 21, as the impacts of the coronavirus-driven closures showed in the numbers, the Labor Department said. The previous high for claims was 695,000 in October 1982.

New home sales were up 14.3% from a year ago, despite a 4.4% decline in February to a seasonally adjusted annual rate of 765,000, the Commerce Department reported Tuesday.

As the Federal Reserve continues trying to keep markets liquid as the stock market sinks, economic data are showing the effects of COVID-19.

The Federal Open Market Committee lowered the fed funds rate target to between zero and ¼% in an emergency meeting on Sunday, but while analysts say the move was needed, they feel it will take more to offset the effects of COVID-19.

Policymakers may not wait until their mid-month meeting and could act with other central banks.

GDP, jobless claims, pending homes sales rise while durable goods orders decline.