Author: Alex Tanzi

A measure of U.S. manufacturing activity expanded in June at the fastest pace in records dating back to 2007, fueled by easing pandemic restrictions and a strengthening domestic economy.

A greater share of America’s job hunters received more than one employment option this summer than got single offers, indicating lingering tightness in the labor market and upbeat firms despite recent recession concerns.

A gauge of service industries’ business expectations fell in August to the lowest level since the survey started in October 2009, according to the IHS Markit monthly report.

A gauge of service industries’ business expectations fell in August to the lowest level since the survey started in October 2009, according to the IHS Markit monthly report.

U.S. companies showed widespread concerns about tariff and trade policy uncertainty, but generally reported minimal impact thus far, according to a regional survey from the Federal Reserve.

Online shopping has become the second-biggest chunk of the $520 billion U.S. retail market, after overtaking grocery stores and restaurants in June.

A gauge of U.S. factories fell in June to the lowest since late 2009 and hovered just above the threshold between expansion and contraction, the latest signal that the American industrial sector is losing momentum amid rising uncertainty.

The Bureau of Labor Statistics reported the national Consumer Price Index for all urban consumers rose 1.8% in May compared with last year, the lowest rate in three months. But the national average masks a wide divergence among metro areas.

The Bureau of Labor Statistics reported the national Consumer Price Index for all urban consumers rose 1.8% in May compared with last year, the lowest rate in three months. But the national average masks a wide divergence among metro areas.