1 October, 2021 by The TZ Newswire Staff Comments Off on US Construction spending 0.0% vs 0.3% estimate
US Construction spending 0.0% vs 0.3% estimate
US construction spending for August 2021
Total construction is still up 8.9% YoY with Residential up 23.9% while nonresidential construction is down -3.0%.
1 October, 2021 by The TZ Newswire Staff Comments Off on US September ISM manufacturing 61.1 vs 59.6 expected
US September ISM manufacturing 61.1 vs 59.6 expected
US September ISM manufacturing data
– was 59.9
– Prices paid 81.1 vs 78.5 expected (prior was 79.3)
– Employment 50.2 vs 49.0 prior
– New orders 66.7vs 66.7 prior
More details:
1 October, 2021 by The TZ Newswire Staff Comments Off on UMich Sept final consumer sentiment 72.8 vs 71.0 expected
UMich Sept final consumer sentiment 72.8 vs 71.0 expected
Final consumer sentiment data form the University of Michigan for Sept 2021
This is a crawl higher after the big drop in August. Next month this should continue to improve with delta fading.
1 October, 2021 by The TZ Newswire Staff Comments Off on Why NFTs can be a riskier investment than cryptocurrencies, report
Why NFTs can be a riskier investment than cryptocurrencies, report
New 90+page research report on NFTs discusses how investors get stuck holding NFT hot potatoes when liquidity dries up.
1 October, 2021 by The TZ Newswire Staff Comments Off on US Markit manufacturing final PMI 60.7 versus the flash 60.5
US Markit manufacturing final PMI 60.7 versus the flash 60.5
Markit PMI data for September 2021
– Narkit manufacturing final PMI 60.7 versus 60.5 preliminary
– manufacturing sector final output index comes in at 55.7 versus flash reading up 55.2. August came in at 56.7
Chris Williamson, Chief Business Economist at IHS Markit
said:
1 October, 2021 by The TZ Newswire Staff Comments Off on Rating agency Fitch says debt limit brinksmanship could put AAA rating at risk
Rating agency Fitch says debt limit brinksmanship could put AAA rating at risk
Stocks react negatively
The headline may be contributing to a pullback in the S&P and NASDAQ indices. The S&P index is currently up only 5.29 points while the NASDAQ index has turned negative and trades down -18.54 points
1 October, 2021 by The TZ Newswire Staff Comments Off on US stocks open higher with the Dow leading the way
US stocks open higher with the Dow leading the way
NASDAQ index lacks. Merck the focus
A snapshot of the market currently shows: