Federal Open Market Committee Minutes – Key Quotes
For most major industry groups, factory utilization rates declined relative to their levels in July and remained below their long-run averages. Available forward-looking indicators pointed to a significant downturn in manufacturing output in coming months.
Conditions in markets for repurchase agreements, or repos, arranged using certain types of collateral [...]
Construction Spending At a Glance
Total Construction Spending: $1,078.4 BILLION
Monthly Change: Down 0.6%
Year-to-year Change: Down 3.3%
Private Residential Spending: $328.3 billion
Monthly Change: Down 4.2%
Private Non-residential: $428.2 billion
Monthly Change: Up 0.7%
Technorati Tags: construction, spending
Non-manufacturing Report At a Glance
Index Readings Above 50 Represent Growth
NMI/PMI: 40.6
Reading above 50 represents growing activity
Change: Up 3.3
Business Activity/Production Index: 39.6
Change: Up 6.6
New Orders: 39.9
Change: Up 4.5
Employment: 34.7
Change: Up 3.4
Inventories: 49.0
Change: Up 3
Technorati Tags: service, non-manufacturing, economy
Personal Income and Spending At a Glance
Personal Income: Down $20.7 billion
Monthly Change: Down 0.2%
Real Disposable Personal Income: Up 1%
Personal Spending (Outlays): $10,365.8 billion (annual)
Monthly Change: Down $57.4 billion
Technorati Tags: personal income, spending, disposable income, real DPI
Durable Goods At a Glance
New Orders: $186.9 billion
New Orders Change: Down 1%
Shipments Change: $195.9 billion
Unfilled Orders Change: Down 2.6%
Inventory Change: Up 0.5%
Nondefense Capital Goods Change: Down 0.8%
Technorati Tags: durable goods, manufacturers, orders, inventories
Conference Board Leading, Coincident and Lagging Indicators At a Glance:
Leading Index: Down 0.4%
Coincident Index: Down 0.3%
Lagging Index: Up 0.1%
Improved Leading Indicators: 4
Unchanged Leading Indicators: 0
Worsened Leading Indicators: 6
Improved Coincident Indicators: 1
Unchanged Coincident Indicators: 0
Worsened Coincident Indicators: 3
