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The Wall Street Times

The Wall Street Times

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Federal Reserve Beige Book Reports Modest U.S. Growth as Energy Costs and Middle East Uncertainty Weigh on Business Confidence

Federal Reserve Beige Book Reports Modest U.S. Growth as Energy Costs and Middle East Uncertainty Weigh on Business Confidence

The Federal Reserve reported on September 2 that U.S. economic activity increased modestly since early July, with 10 of 12 Federal Reserve districts recording slight to moderate growth. The September Beige Book, published ahead of the Federal Open Market Committee’s September 16–17 meeting, found that employment rose very slightly overall, prices increased moderately across most districts, and business

Chicago PMI Collapses 10.5 Points to 47.1 in August as Consumer Sentiment Falls to 51.7, Sending Mixed Signals Ahead of September FOMC Meeting

Chicago PMI Collapses 10.5 Points to 47.1 in August as Consumer Sentiment Falls to 51.7, Sending Mixed Signals Ahead of September FOMC Meeting

The Chicago Purchasing Managers’ Index plunged to 47.1 in August 2026, a 10.5-point collapse from July’s 57.6 reading and the index’s first contraction signal in four months, according to data released August 28 by MNI Markets and ISM Chicago. The drop landed more than 10 points below the consensus forecast of 57.9, ending a three-month expansion streak that

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