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Manufacturing activity in the U.S. turned higher in September, hitting its highest level in 13 years, according to newly released survey results of supply executives. A separate report showed construction spending rebounded after two straight monthly drops.
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A first-look at how the manufacturing economy is performing this month shows conditions have improved to a two-month high, while a separate report indicates the overall economy improved again in August as the outlook calls for continued growth through the second half of the year.
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The widest measure of the health of the American economy was revised higher for the second quarter of the year, hitting its best pace in two years, while separate reports show hiring and consumers' feeling about the economy remain strong.
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One of the biggest drivers of the U.S. economy shifted into high gear in July, posting its biggest gain in seven months, according to a new Commerce Department report.
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U.S. manufacturing activity in July remained solid, according to two reports issued Tuesday while separate ones showed overall construction activity in the U.S. eased as consumer spending and personal incomes barely improved.
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Housing starts in the U.S. bounced back, according to a new Commerce Department report, but concerns remain about the future of the housing market as well as the wider economy.
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The U.S. economy grew faster in the first quarter of the year than earlier estimates indicated, according to a Commerce Department report released Thursday, but there’s little optimism there the second quarter will show a big surge.
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Results from two surveys of the nation’s purchasing executives indicate manufacturing activity in the U.S. during May was nearly unchanged from the month before. Meanwhile, separate reports show construction spending eased, but consumer spending increased, resulting in hopes that the current quarter will be stronger for the overall economy than the previous one.
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Growth in the U.S. economy during the first quarter didn’t slow as much as first estimated, according to government numbers released Friday, while separate reports showed weaker factory activity but continued high consumer sentiment.
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A surge seen early this year in the nation’s manufacturing sector continued to lose steam this month, hitting an eight-month low.
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