U.S. import prices decreased 0.4% in July after declining 0.3% in June, with lower prices for fuel imports more than offsetting higher prices for nonfuel imports. Over the year, import prices advanced 5.9%. Meanwhile, U.S. export prices stepped down 1.3% in July, driven by lower prices for nonagricultural exports. Over the past year, export prices…

Manufacturing activity in New York state expanded at a faster pace in August, with the headline business conditions index rising 5.0 points to 20.6. The new orders index decreased 4.9 points to 17.3, while the shipments index fell 12.7 points to 11.7. Unfilled orders climbed 10.5 points to 15.5, while inventories moved down 9.2 points…

The S&P Global Flash U.S. Manufacturing PMI fell from 53.9 to 53.2 in August, a five-month low. Factory production slowed to its lowest level since July 2025, while new orders growth rose at its slowest pace since March. Meanwhile, manufacturing employment rose at its fastest pace since May. Inventories declined in August for the first…

Building permits increased 5.0% in July and 3.1% over the year. Permits for single-family homes in July rose 2.5% and 1.1% over the year. At the same time, permits for buildings with five or more units climbed 9.1% from June and 6.3% over the year. In July, housing starts fell 12.4% from June and 13.5%…

Industrial production ticked up 0.2% in July, while manufacturing output rose by a similar amount after increasing 0.3% in June. At 98.4% of its 2017 average, manufacturing production moved up 1.2% from July 2025. Capacity utilization for manufacturing was 76.0%, up slightly from 75.9% in June and up 1.0% over the past year. Capacity utilization…

In August, Philadelphia’s regional manufacturing activity expanded to its highest level since April 2021, with the index for general business activity climbing from 41.4 to 47.4. This month, 56.9% reported increases, while 9.6% reported decreases. New orders declined, moving down from 37.0 to 30.1, while shipments decreased from 33.7 to 27.7. Meanwhile, employment improved to…

The NFIB Small Business Optimism Index increased 2.4 points to 99.8 in July, climbing above the 52-year average of 98. July’s gain was due to an improvement in hiring and capital investment plans. Of the 10 components in the index, eight increased and two decreased. Meanwhile, the Uncertainty Index rose 2 points to 91, still…

In July, consumer prices increased 0.1% from June and 3.4% over the year, down from the 3.5% annual rise in June. Core CPI, which excludes more volatile energy and food prices, rose 0.2% in July and 2.5% over the year, down from the 2.6% 12-month growth the prior month. Energy costs declined 1.5% over the…