Economic outlook

The economy might still be growing, but the manufacturing industry is not. It contracted again this month—this time with some of the worst indicators we’ve seen all year.

For the first time in five months, consumer sentiment rose in August, thanks largely to high-income people, University of Michigan data shows.

Optimism has increased, but it's still below a 50-year average, a National Federation of Independent Business survey shows.

And 72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year.

Voters’ views on the economy don’t always match their own situation or national trends. The gap can color their views of candidates.

One survey showed small-business owners in a downbeat mood for the 25th straight month. Another had satisfaction at 85%.

Fairly low unemployment, gradually slowing inflation and continued economic growth are all positive signals. But there are risks too.

Inflation dipped slightly, but housing remains the biggest driver of rising prices.

A survey from the Institute for Supply Management found that a majority of service-sector businesses feel positive about business conditions and the overall economy.

When it comes to sales, inventory, hiring, credit conditions and more, small business owners are wary.