Inflation is cooling, even as the job market remains resilient.

But companies are upbeat about the outlook, buoyed by hopes of a stabilization in interest rates and inflation.

U.S. factory production rose in July for the first time in three months, boosted by a surge in motor-vehicle output that helped manufacturing to stabilize. Output…

After steadily advancing from 2020 through early 2022, the Fed's gauge of manufacturing output fell in June, down 0.3 percent from a year ago.

As inflation cools in the United States, it continues rising in Europe.

Economists still expect to see a recession but are pushing back projections of the downturn's start date.

S&P Global purchasing managers index indicates the fastest rate of growth in 10 months.

In February, housing costs helped deliver a larger-than-forecast 0.5% gain in so-called core inflation, which excludes food and energy