Archive for the ‘Led’ tag
Chicago Business Barometer Bounces into Growth, Prices at 28-Year High
The ISM-Chicago business barometer bounced into
growth mode in July following five months of slowdown. The growth was led
by advances in production and new orders, even as prices hit a 28-year
high and employment remained in contraction for the eighth straight
month.
Friday’s Events: U.S. Durable Goods, U of M Consumer Sentiment, New Home Sales
Friday’s highlights include the release of U.S. durable goods and
new home sales for June along with a final look at
consumer sentiment for the United States. There are no major scheduled
macroeconomic releases or events for Canada.
At 8:30 a.m. EDT, the U.S. Commerce Department will release
durable goods orders for June. Economists expect a 0.3%
month-over-month decline…