Business Conditions
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Signs of Improvement in the ISM Nonmanufacturing Survey in May
The nonmanufacturing sector contracted at a slower pace in May amid easing restrictions and rising optimism for a rebound.
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Manufacturing Survey Less Negative in May
The ISM Manufacturing survey showed some improvement in May with several components rebounding from multi-year or record lows.
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Manufacturers’ New Orders Posted Widespread Declines in April
Manufacturers’ new orders tumbled in April on broad-based declines but as government restrictions are eased, signs of healing are likely to emerge.
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Initial Unemployment Claims Register Lowest Talley Since March
Massive layoffs continue but the trend has been slowing for eight consecutive weeks.
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Regional Fed Surveys Show Improving Expectations
Recent surveys suggest business current conditions remain extremely weak but expectations about the future are improving.
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New Unemployment Claims Slowed Again as Total Unemployed Hits a Record High
The labor market continues to struggle under the unprecedented impact of the COVID-19 outbreak and government policy responses, but some signs of easing are emerging.
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Low Mortgage Rates May Support Housing Rebound
Low mortgage rates may provide some support for housing activity following a plunge in starts and permits in April.
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Manufacturing Activity Plummets in April
Industrial production plunged as the tsunami of disastrous economic data continues. While some areas are moving towards easing restrictions, it will likely be a slow path back.
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Mixed Emotions for Consumers in Early May
Consumer attitudes are changing in somewhat unexpected ways as personal health, family finances, and social interactions are impacted by lockdown policies.
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Retail Sales Post Another Record Plunge in April
Retail sales posted another record decline in April and are likely to show significant weakness over the next several months.
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•
Signs of Improvement in the ISM Nonmanufacturing Survey in May
The nonmanufacturing sector contracted at a slower pace in May amid easing restrictions and rising optimism for a rebound.
-
•
Manufacturing Survey Less Negative in May
The ISM Manufacturing survey showed some improvement in May with several components rebounding from multi-year or record lows.
-
•
Manufacturers’ New Orders Posted Widespread Declines in April
Manufacturers’ new orders tumbled in April on broad-based declines but as government restrictions are eased, signs of healing are likely to emerge.
-
•
Initial Unemployment Claims Register Lowest Talley Since March
Massive layoffs continue but the trend has been slowing for eight consecutive weeks.
-
•
Regional Fed Surveys Show Improving Expectations
Recent surveys suggest business current conditions remain extremely weak but expectations about the future are improving.
-
•
New Unemployment Claims Slowed Again as Total Unemployed Hits a Record High
The labor market continues to struggle under the unprecedented impact of the COVID-19 outbreak and government policy responses, but some signs of easing are emerging.
-
•
Low Mortgage Rates May Support Housing Rebound
Low mortgage rates may provide some support for housing activity following a plunge in starts and permits in April.
-
•
Manufacturing Activity Plummets in April
Industrial production plunged as the tsunami of disastrous economic data continues. While some areas are moving towards easing restrictions, it will likely be a slow path back.
-
•
Mixed Emotions for Consumers in Early May
Consumer attitudes are changing in somewhat unexpected ways as personal health, family finances, and social interactions are impacted by lockdown policies.
-
•
Retail Sales Post Another Record Plunge in April
Retail sales posted another record decline in April and are likely to show significant weakness over the next several months.