U.S. Economic News

July 2, 2018

U.S. Economic Indicators

The ISM Manufacturing Index rose 1.5 percentage points to 60.2 in June. The Employment Index fell 0.3 percentage points to 56.0 while the New Orders Index edged down 0.2 percentage points to 63.5. ISM Report

Construction spending rose 0.4% in May to an annualized rate of $1.31 trillion. Private construction rose 0.3% while public construction rose 0.7%. Census Report