03:01 PM EDT, 07/24/2025 (MT Newswires) -- The flash manufacturing reading from S&P Global fell to 49.5 in July from 52.9 in June after regional data from the New York and Philadelphia Federal Reserve banks pointed to expansion.
The Kansas City Federal Reserve's manufacturing index rose to 1 in July from minus 2 in June. The ISM's national manufacturing reading will be released on Aug. 1.
Released at the same time, the flash services reading from S&P Global rose to 55.2 in July from 52.9 in June, suggesting faster growth. The ISM's services reading is scheduled for release on Aug. 4.
New-home sales accelerated to a 627,000 annual rate in June from a 623,000 rate in May but was down 6.6% from the level of 671,000 in June 2024.
The Chicago Federal Reserve's National Activity index rose to minus 0.10 in June from minus 0.16 in May. The three-month moving average fell to minus 0.22 from minus 0.14.
Initial jobless claims decreased by 4,000 to 217,000 in the week ended July 19, a sixth straight decline and lowering the four-week moving average by 5,000 to 224,500, a fifth straight decrease.
Insured claims rose by 4,000 to 1.955 million in the employment survey week ended July 12. Insured claims were at a level of 1.964 million in the employment survey week ended June 14.
Natural gas stocks rose by 23 billion cubic feet to 3.075 trillion cubic feet in the week ended July 18, down 4.7% from a year earlier but 5.9% higher than the seasonal average for the current week over the previous five years.