Business Conditions
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Positive Surprise for Manufacturing
The latest Empire State Manufacturing Survey suggests the manufacturing sector may be rebounding but the outlook remains uncertain.
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Retail Spending Remains Close to Trend in January
Retail sales were solid in January suggesting continued economic expansion remains the most likely path.
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Small-Business Optimism Rose in January but the Outlook Is Less Clear
Small-business confidence rose in January; labor shortages and the economic outlook remain concerns.
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Job Openings Decline in December, Continuing Downward Trend
Private-sector job openings have fallen recently hinting at some marginal easing of labor pressures.
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Employment and the Participation Rate Rose in January
U.S. payrolls rose by 225,000 in January with both the unemployment rate and participation rate ticking up; however, significant risks remain.
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ISM Surveys Show Improvement in January
The nonmanufacturing sector expanded in January, complementing the improved results from the manufacturing survey.
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Auto Sales Rebound in January
Auto sales rose in January and remain well within the range extending back to 2000. The healthy pace is a positive sign for consumer spending.
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Hints of Improvement for Manufacturing
The ISM PMI showed clear improvement in January hinting at a possible turnaround for manufacturing in coming months.
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Output Growth Holds Steady but Details Look Soft
Real gross domestic product rose at a 2.1 percent annualized rate in the fourth quarter. Details show that persistent economic growth remains dependent on consumers.
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New- and Existing-Home Sales Diverge in December
New-home sales fell in December while inventory rose. Stronger sales will help avoid cutbacks to future construction.
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•
Positive Surprise for Manufacturing
The latest Empire State Manufacturing Survey suggests the manufacturing sector may be rebounding but the outlook remains uncertain.
-
•
Retail Spending Remains Close to Trend in January
Retail sales were solid in January suggesting continued economic expansion remains the most likely path.
-
•
Small-Business Optimism Rose in January but the Outlook Is Less Clear
Small-business confidence rose in January; labor shortages and the economic outlook remain concerns.
-
•
Job Openings Decline in December, Continuing Downward Trend
Private-sector job openings have fallen recently hinting at some marginal easing of labor pressures.
-
•
Employment and the Participation Rate Rose in January
U.S. payrolls rose by 225,000 in January with both the unemployment rate and participation rate ticking up; however, significant risks remain.
-
•
ISM Surveys Show Improvement in January
The nonmanufacturing sector expanded in January, complementing the improved results from the manufacturing survey.
-
•
Auto Sales Rebound in January
Auto sales rose in January and remain well within the range extending back to 2000. The healthy pace is a positive sign for consumer spending.
-
•
Hints of Improvement for Manufacturing
The ISM PMI showed clear improvement in January hinting at a possible turnaround for manufacturing in coming months.
-
•
Output Growth Holds Steady but Details Look Soft
Real gross domestic product rose at a 2.1 percent annualized rate in the fourth quarter. Details show that persistent economic growth remains dependent on consumers.
-
•
New- and Existing-Home Sales Diverge in December
New-home sales fell in December while inventory rose. Stronger sales will help avoid cutbacks to future construction.