Free Markets, Free People

Economic Statistics for 1 Sep 15

Motor vehicle sales rose a strong 1.5 percent to a 17.8 million annual rate in August.

Redbook reports that last week’s retail sales fell to 1.3% on a year-ago basis, from the previous week’s 1.7%, as sales weakness continues.

Markit’s PMI Manufacturing Index fell -0.8 points in August to 53.0.

The ISM Manufacturing Index fell -1.6 points to a lower-than-expected 51.1 in August

Construction Spending rose 0.7% in August, with a year-over-year increase of 13.7%.

The Gallup Economic Confidence Index fell -1 point to -13 in August, an 11-month low.

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One Response to Economic Statistics for 1 Sep 15

  • New car sales always (?) rise in August when the new models come out and the old ones go on closeout sales.