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Reports and Announcements – U.S. Manufacturing Faltering and More!

Regional BusinessU.S. manufacturing faltered in May and is likely to continue to sputter amid headwinds from a strengthening dollar and weak global demand.

The ports of Los Angeles and Oakland reported higher volumes of outbound empty containers in May, a sign that both ports are still working through the backlog created by labor strife earlier this year.

Americans’ combined wealth set a fresh record in the first quarter amid rising home values and stock prices, a trend that could prop up economic growth, though consumers also showed some caution when borrowing in a sluggish economy.

Listen in for more in Reports and Announcements, Week in Review.

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