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Daily Rundown

June 30, 2026


Chart of the Day

 

Number of the Day

2.3 - The Dallas Fed's new orders index for manufacturing in June, down from 6.4 in the prior month and the lowest reading this year

 

Quote of the Day

"We see slower demand in the second half, but still generally a strong business climate for us." - Respondent to the June Dallas Fed manufacturing survey

 

Monday's Highlight

The Dallas Fed manufacturing index (June) slipped to 0.0 from a prior 0.4. Employment improved while new orders and production growth slowed.

 

Quick Commentary

The Dallas Fed numbers were ho-hum, befitting a manufacturing sector that has stabilized after a long contraction but is still expanding modestly and unevenly. There were several mentions of price pressures in the anecdotal comments, so the nascent signs of cooling inflation should mean some improvement in sentiment in the months ahead.

 

Today's Highlights

Consumer confidence

Job openings

Case-Shiller home prices

Chicago PMI

 

Daily Trivia

What silversmith-turned-industrialist's mill, the first of its kind in the U.S., supplied the copper for both the Massachusetts State House dome and the USS Constitution?

(Monday's Question: Hailing originally from the Caribbean, who is the only foreign-born person currently depicted on a U.S. banknote? Answer: Alexander Hamilton)

 
 

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