Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
U.S. Business Activity Hits Four-month High In September
CHICAGO (10/1/13)--U.S. business activity in September grew more than expected--hitting a four-month high--and furthering indications of a bounceback in manufacturing that would help bolster the largest economy in the world (Bloomberg.com and Moody's Economy.com Sept. 30).
 
The Institute for Supply Management (ISM) Chicago index of business activity increased to 55.7 last month--its highest level since May. It was 53 in August. Numbers greater than 50 indicate economic expansion.
 
Manufacturing constitutes roughly 12% of the U.S. economy, and the sector is growing because demand for appliances, automobiles and construction materials is ramping up the production on assembly lines, Bloomberg said.  
 
An improvement in economic markets abroad and an acceleration in business investment could perpetuate advances and bolster economic growth heading into next year, Bloomberg added.
Other Resources

CUNA National Economic Data
RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
58 seconds ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
55 minutes ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 hours ago