02:35 PM EST, 11/25/2024 (MT Newswires) -- Texas manufacturing activity improved this month into shallower contraction territory but not as much as expected while the production index turned negative, according to the Federal Reserve Bank of Dallas. The general business activity index edged up to minus 2.7 in November from minus 3 in October, the Dallas Fed's manufacturing outlook survey...

02:22 PM EST, 11/25/2024 (MT Newswires) -- The Chicago Federal Reserve's National Activity index fell to minus 0.40 in October from minus 0.27 in September, while the three-month moving average declined to minus 0.24 from minus 0.21. The Dallas Federal Reserve's monthly manufacturing reading increased to minus 2.7 in November from minus 3 in October. Other manufacturing data already published...

02:20 PM EST, 11/25/2024 (MT Newswires) -- US new single family home sales are expected to slow to a 725,000 annual rate in October, based on a survey compiled by Bloomberg, after rising by 4.1% to a 737,000 rate in September. Sales would still be well above the 673,000 annual rate reported in October 2023. The data are scheduled to...

SAN FRANCISCO (Reuters) - An economic adviser at the Federal Reserve Bank of San Francisco known for his research into productivity trends published an analysis Monday that left open the possibility that a recent surge in productivity may not necessarily fade as it so often has in the past. John Fernald, economist emeritus at the San Francisco Fed and a...