Non-manufacturing Report At a Glance
Index Readings Above 50 Represent Growth
NMI/PMI: 49.5
Reading above 50 represents growing activity
Change: Up 1.3
Business Activity/Production Index: 49.6
Change: Down 0.3
New Orders: 47.9
Change: -0.7
Employment: 47.1
Change: Up 3.3
Inventories: 54.5
Change: Up 1.5
Technorati Tags: service, non-manufacturing, economy
Federal Funds Rate: 2.00%
Discount Rate: 2.25%
Although downside risks to growth remain, the upside risks to inflation are also of significant concern to the Committee.
Over time, the substantial easing of monetary policy, combined with ongoing measures to foster market liquidity, should help to promote moderate economic growth.
Technorati Tags: federal funds, interest, rate, Federal Reserve, Federal Open [...]
Employment Trends At a Glance
Employment Trends Index: 112.1
Monthly Change: Down 1 point, 0.9%
June revised upwards by 1.2
Year-to-year Change: Down 7.5%
Technorati Tags: employment trends index, employment, employment trends, jobs
Factory Orders At a Glance
New Orders: $215.3 billion
Monthly Change: Up 0.8%
Shipments: $212.2 billion
Monthly Change: Up 0.6%
Inventories: $332.2 billion
Monthly Change: Up 0.5%
Technorati Tags: factory orders, inventories, manufacturing
Personal Income and Spending At a Glance
Personal Income: $6.8 billion
Monthly Change: Up 0.1%
Real Disposable Personal Income: Down 2.6%
Personal Spending (Outlays): $10,615.8 billion (annual)
Monthly Change: Up $60.8 billion
Technorati Tags: personal income, spending, disposable income, real DPI
