Free Markets, Free People

Economic Statistics for 3 Oct 16

Motor vehicle sales rose 4.7% in September to a strong 17.8 million annual rate.

Construction spending weakened in August, falling -0.7%, bringing the year-over-year rate down to -0.3%.

The ISM Manufacturing Index bounced back from a below-50 August, rising to a positive 51.5 for September.

Markit’s PMI Manufacturing Index fell -0.5 points to 51.5 for September.

Gallup’s US Consumer Spending Measure shows Americans’ self-reported daily spending was unchanged at $91 in September.


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