Manufacturing growth is stronger in June: ISM
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Manufacturing growth accelerated in June to its fastest in over a year as the economy picked up momentum, according to a report published on Monday.
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The Institute for Supply Management said that its manufacturing index rose to 56 in June. The reading marked the fifth consecutive month of growth.
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Orders increased at US factories in August for a range of durable goods, including automobiles, metals and communications equipment, evidence manufacturing will help drive the economic expansion.
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Business confidence hits a five month high in June, according to the Reuters tankan survey.
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New orders at U.S. factors rose a  smaller-than-expected 1.2 percent in June as orders outside  transportation and defense were weak, a government report  showed on Thursday.
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NEW YORK Oct. 1, 2004 - Manufacturing activity remained strong in September and construction spending surged to a record high in August, according to a pair of reports issued Friday that provided an optimistic look at the sturdiness of the economy.
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Growth in the U.S. service sector rose unexpectedly in June, while the job market also appeared to pick up some steam, according to reports on Thursday that signaled strength in the economy.
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The U.S. jobs market showed some signs  of strength in June as private employers added more jobs than  expected and planned layoffs decreased, but initial claims for  unemployment insurance edged up last week, reports showed on  Thursday.
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Factory activity in the U.S.  Mid-Atlantic region accelerated more than expected in June, a  survey showed on Thursday.
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Business & money: Gross domestic product rose by 0.8% in the three months to June.
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Stocks kicked off the third quarter on a high note on Monday, boosted by merger-and-acquisition activity and data showing stronger manufacturing growth in June even as price pressures eased.
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Cheaper gasoline helped pull prices paid to U.S. producers down in June while national industrial output increased in fresh signs the economy was growing without imminent danger of prices overheating.
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U.S. stocks edged higher on Thursday  after a revision in factory orders in June suggested orders are  improving and some apparel makers raised profit forecasts or  reported better-than-expected sales in August.
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Both service and manufacturing industries showed strength in June, according to a closely watched index of business activity.
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U.S. manufacturing grew a bit more rapidly in May as factory managers restocked depleted inventories, according to a survey published on Friday.
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The nation's manufacturing sector expanded in August at a slower clip than in July amid rising commodity prices, a trade group said Friday.
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WASHINGTON -- The economy headed into the summer with strong momentum, propelled by a manufacturing rebound and consumers who eagerly went shopping and sightseeing despite high gas prices.