Monthly archive July, 2022

A report released by the Federal Reserve Bank of New York on Friday unexpectedly showed growth in regional manufacturing activity in the month of July. The New York Fed said its general business conditions index jumped to a positive 11.1 Read More →

Industrial production in the U.S. unexpectedly edged modestly lower in the month of June, according to a report released by the Federal Reserve on Friday. The report showed industrial production slipped by 0.2 percent in June after revised data showed Read More →

Preliminary data released by the University of Michigan on Friday unexpectedly showed a modest improvement in U.S. consumer sentiment in the month of July. The report showed the consumer sentiment index inched up to 51.1 in July from a record Read More →

Business inventories in the U.S. increased by more than expected in the month of May, according to a report released by the Commerce Department on Friday. The report showed business inventories shot up by 1.4 percent in May after surging Read More →

The U.S. dollar climbed higher against its major rivals on Thursday, riding on expectations about aggressive monetary tightening by the Federal Reserve after data showed a bigger-than-expected increase in U.S. inflation in the month of June.Original Article Read More →

The EU macroeconomic forecast is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for June. Wholesale prices had increased 22.9 percent annually in May.Read More →