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Wage growth gauge falls slightly (access required)

The Paychex | IHS Markit Small Business Employment Watch index of small-business job growth and wages fell slightly for wage growth and increased in the rate of hiring. “The national index saw a slight improvement in May, its first since January, but remains below 100,” IHS Markit chief regional economist James Diffley said. The small business jobs ...

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Growth in manufacturing slows but remains strong (access required)

U.S. manufacturing output softened in June, the latest IHS Markit U.S. Manufacturing Purchasing Managers’ Index shows. The PMI dipped to ...