financetom
Economy
financetom
/
Economy
/
Daily Roundup of Key US Economic Data for July 24
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Daily Roundup of Key US Economic Data for July 24
Jul 24, 2026 12:03 PM

02:35 PM EDT, 07/24/2026 (MT Newswires) -- The flash manufacturing reading from S&P Global fell slightly to 53.8 in July from 53.9 in June after regional data from the New York and Philadelphia Federal Reserve banks improved.

Released at the same time, the flash services reading from S&P Global rose to an eight-month high of 53.6 in July from 51.2 in June.

New-home sales accelerated to a 628,000 annual rate in June from a 618,000 rate in May but was down 5.6% from the 665,000 rate in June 2025.

The Kansas City Fed's services index rose to 14 in July from 5 in June. Other regional services data already released have also indicated a faster pace of growth for the sector.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Richmond Fed President Tom Barkin Says Outlook 'Positive' for 2025, More Upside Than Downside Risk
Richmond Fed President Tom Barkin Says Outlook 'Positive' for 2025, More Upside Than Downside Risk
Jan 3, 2025
11:27 AM EST, 01/03/2025 (MT Newswires) -- The outlook for the US economy is tilted toward the upside for 2025, Richmond Federal Reserve President Tom Barkin said Friday at the First Friday Economic Outlook Forum. With business optimism so high and labor supply unlikely to continue to grow so robustly, it feels like the current labor market equilibrium is more...
Fed's Barkin: Year-ahead outlook positive, with upside risk
Fed's Barkin: Year-ahead outlook positive, with upside risk
Jan 3, 2025
BALTIMORE (Reuters) - The outlook for the U.S. economy in 2025 is positive with more upside than downside risk to growth despite uncertainty about the impact of trade and other policies that may be pursued by the incoming Trump administration, Richmond Fed President Thomas Barkin said on Friday. How economic policy uncertainty resolves will matter. But, with what we know...
Economic Outlook for 2025 Positive But Inflation Risks Persist, Richmond Fed's Barkin Says
Economic Outlook for 2025 Positive But Inflation Risks Persist, Richmond Fed's Barkin Says
Jan 3, 2025
01:18 PM EST, 01/03/2025 (MT Newswires) -- Richmond Fed President Tom Barkin said Friday that his 2025 baseline expectation for the US economy is positive amid strong consumer spending, though there are risks on the inflation front. Last month, the central bank's Federal Open Market Committee reduced its benchmark lending rate by 25 basis points and flagged fewer cuts ahead...
Federal Reserve Watch for Jan 3: Barkin Sees More Upside Than Downside in 2025
Federal Reserve Watch for Jan 3: Barkin Sees More Upside Than Downside in 2025
Jan 3, 2025
02:07 PM EST, 01/03/2025 (MT Newswires) -- Richmond Fed President Tom Barkin (nonvoter) said Friday that his baseline economic outlook is positive for 2025, with risks tilted toward the upside for growth and inflation with an expectation of more hiring than firing in the labor market. Recent comments of note: (Dec. 20) San Francisco Fed President Mary Daly (nonvoter) said...
Copyright 2023-2026 - www.financetom.com All Rights Reserved