U.S. manufacturing sector growth slows in August - ISM Sep 1, 2015 10:13AM

NEW YORK (Reuters) - The pace of growth in the U.S. manufacturing sector slowed in August to its weakest in over two years, according to an industry report released on Tuesday.

The Institute for Supply Management (ISM) said its index of national factory activity fell to 51.1 from 52.7 the month before, marking the lowest reading since May 2013. The reading was shy of the expected 52.6, according to a Reuters poll of economists.

A reading... (continue reading...)

U.S. construction spending rises to seven-year high Sep 1, 2015 10:10AM

WASHINGTON, Sept 1 (Reuters) - - U.S. construction spending rose in July to the highest level in just over seven years as private outlays surged, providing another sign of solid economic momentum at the start of the third quarter.

Construction spending increased 0.7 percent to $1.08 trillion, the highest level since May 2008, the Commerce Department said on Tuesday. June's outlays were revised up to show a 0.7 percent increase instead of the previously... (continue reading...)

July Construction Spending 0.7% vs 0.6% Expected Sep 1, 2015 10:00AM

July Construction Spending 0.7% vs 0.6% Expected

ISM Manufacturing 51.1 vs 52.5 Expected Sep 1, 2015 10:00AM

ISM Manufacturing 51.1 vs 52.5 Expected

U.S. factory activity slows; construction spending up solidly Sep 1, 2015 09:46AM

WASHINGTON (Reuters) - U.S. factory activity hit a more than two-year low in August as manufacturers struggled with a strong dollar, weak global demand and the lingering effects of deep spending cuts in the energy sector.

Other data on Tuesday, however, suggested the economy appeared to be on solid footing, with construction spending rising in July to its highest level since 2008.

The Institute for Supply Management (ISM) said its national... (continue reading...)

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