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News / Economic News

U.S. Unemployment

On Friday 9/5/14, the Burea of Labor Statistics released their latest “Employment Situation Summary”. For the month of August, total nonfarm payroll employment witnessed an increase of 142,000; with the current U.S. unemployment rate at 6.1%.

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August 2014 Manufacturing ISM Report On Business

Economic activity in the manufacturing sector climbed in August; for the 15th consecutive month:

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U.S. Economic Summary – August 2014

“Consumer confidence increased for the fourth consecutive month as improving business conditions and robust job growth helped boost consumers’ spirits. Looking ahead, consumers were marginally less optimistic about the short-term outlook compared to July, primarily due to concerns about their earnings. Overall, however, they remain quite positive about the short-term outlooks for the economy and labor market.” – The Conference Board

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U.S. Unemployment

On Thursday 8/7/14, the Burea of Labor Statistics released their latest “Employment Situation Summary”. For the month of July, total nonfarm payroll employment witnessed an increase of 209,000; with the current U.S. unemployment rate at 6.2%.

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July 2014 Manufacturing ISM Report on Business

Economic activity in the manufacturing sector climbed in July; for the 14th consecutive month:

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U.S. Economic Summary – July 2014

“Consumer confidence increased for the third consecutive month and is now at its highest level since October 2007 (95.2). Strong job growth helped boost consumers’ assessment of current conditions, while brighter short-term outlooks for the economy and jobs, and to a lesser extent personal income, drove the gain in expectations. Recent improvements in consumer confidence, in particular expectations, suggest the recent strengthening in growth is likely to continue into the second half of this year.” – The Conference Board

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U.S. Unemployment

On Thursday 7/3/14 the Bureau of Labor Statistics released their latest “Employment Situation Summary”. For the month of June, total nonfarm payroll employment witnessed an increase of 288,000.

“Transportation and warehousing employment increased by 17,000 in June.” Over the prior 12 months, this industry has averaged an additional 11,000 jobs per month.

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June 2014 Manufacturing ISM Report On Business

Institute for Supply Managment (ISM) Manufacturing Report on Business:

Economic activity in the manufacturing sector continued to climb in June for the 13th consecutive month:

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