News
October Construction Spending Strengthens
U.S. construction spending in October was estimated at a seasonally adjusted annual rate of $2.17 trillion, growing 0.4% from September and 5.0% higher than the same month in 2023. Private spending in October rose 0.7% to $1.68 trillion compared to September. Residential expenditures improved 1.5% to $934.0 billion, and non-residential expenditures slipped 0.3% from September
U.S. Consumer Confidence Up Again in November
U.S. consumer confidence registered at 111.7 in November, increasing 2.1 points from the adjusted October reading, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions rose 4.8 points to 140.9 in November. The short-term outlook index for the income, business, and labor markets grew 0.4 points from October to
October RV Shipments Surge
The RV Industry Association’s monthly survey of U.S. manufacturers reported 30,595 units in October, up 24.4% from September and 7.8% compared to the same month in 2023. Year-to-date shipments were 7.7% higher than the first ten months of last year at 287,007. See RV Industry Association
U.S. Manufacturing Index Increases in November
The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) for November was 49.7, up 1.2 points from October but remaining just below the 50 no-change point for the fifth month. Manufacturers reported improvements in new orders and employment while output remained slow. The PMI index comprises five sub-indices tracking changes in new orders,
November Canadian Manufacturing Index Climbs
In November, the seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) was 52.0, improving 0.9 points from October and marking the highest reading in 21 months. Manufacturers reported an increase in new orders, output, and employment. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times, and
Mexico Manufacturing Index Remains Low in November
The November seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 49.9, up 1.5 points from October but the fifth consecutive month below the 50 no-change mark. Manufacturers reported milder declines in new orders and output but increased supply chain issues and prices. The PMI index comprises five sub-indices tracking changes in new
October Construction Spending Strengthens
U.S. construction spending in October was estimated at a seasonally adjusted annual rate of $2.17 trillion, growing 0.4% from September and 5.0% higher than the same month in 2023. Private spending in October rose 0.7% to $1.68 trillion compared to September. Residential expenditures improved 1.5% to $934.0 billion, and non-residential expenditures slipped 0.3% from September
U.S. Consumer Confidence Up Again in November
U.S. consumer confidence registered at 111.7 in November, increasing 2.1 points from the adjusted October reading, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions rose 4.8 points to 140.9 in November. The short-term outlook index for the income, business, and labor markets grew 0.4 points from October to
October RV Shipments Surge
The RV Industry Association’s monthly survey of U.S. manufacturers reported 30,595 units in October, up 24.4% from September and 7.8% compared to the same month in 2023. Year-to-date shipments were 7.7% higher than the first ten months of last year at 287,007. See RV Industry Association
U.S. Manufacturing Index Increases in November
The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) for November was 49.7, up 1.2 points from October but remaining just below the 50 no-change point for the fifth month. Manufacturers reported improvements in new orders and employment while output remained slow. The PMI index comprises five sub-indices tracking changes in new orders,
November Canadian Manufacturing Index Climbs
In November, the seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) was 52.0, improving 0.9 points from October and marking the highest reading in 21 months. Manufacturers reported an increase in new orders, output, and employment. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times, and
Mexico Manufacturing Index Remains Low in November
The November seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 49.9, up 1.5 points from October but the fifth consecutive month below the 50 no-change mark. Manufacturers reported milder declines in new orders and output but increased supply chain issues and prices. The PMI index comprises five sub-indices tracking changes in new
