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.