Category: Manufacturing Activity

Retail Sales, Manufacturing Activity Suggest Slowing US Economy

Retail sales unexpectedly rose 0.3 percent in August, topping the market estimate of 0 percent growth, according to the U.S. Census Bureau’s advance estimates (pdf). This is up from the downward revised 0.4 percent drop in July, which was the first decline in seven months. In total, consumers spent $683.3 billion, up 9.1 percent from…


Orders for US Factory Goods Increase 1.6 Percent: Census Report

New orders for U.S.-manufactured goods in November increased by about 1.6 percent to $532 billion, maintaining the streak which has been positive for the last 18 out of 19 months, although there was a decline in mining and oil field machinery, along with turbines, generators and other power transmission equipment. The latest numbers followed an…