US Wholesale Prices Blip Up 0.1% in May
Over the past year, producer prices have risen 1.8%.
Economy
US Employers Add Just 75,000 Jobs as Unemployment Stays at 3.6%
Automakers are cutting jobs and production as U.S. sales have slowed.
US Productivity Grew at Solid 3.4% Rate in First Quarter
Productivity, the amount of output per hour of work, is a key factor determining an economy's growth potential.
US Pending Home Sales Fell 1.5% in April
Pending sales declined 2% over the past year.
Yellowstone National Park Visitors Spent $513M in 2018
The park service recorded more than 318 million visitors nationwide.
U.S. Consumer Confidence Hits Highest Level Since November
Their optimism reflects a healthy job market.
U.S. Home Sales Fell 0.4% in April Amid Limited Supply
The real estate market was generally considered healthy when the supply is closer to 6 months.
Ford is Cutting 7,000 White-Collar Jobs
In November, General Motors announced it would shed up to 14,000 workers as it cut expenses to prepare for a shift to electric and autonomous vehicles.
Survey: Region’s Bankers Losing Confidence in Farm Economy
A monthly survey of rural bankers in parts of 10 Plains and Western states shows they’re rapidly losing confidence in the region’s farm economy.
U.S. Home Construction Climbed 5.7% in April
Housing permits, an indicator of future activity, rose 0.6% to 1.3 million, the first uptick since December.