June, consumer credit increased at a seasonally adjusted annual rate (SAAR), of 3.9%. Revolving credit increased at an annual rate of 5.0% percent, while nonrevolving credit increased at an annual rate of 3.6% percent.

The U.S. labor market continued to perform well in August.

In its July update, the American Institute of Architects (AIA) consensus non-residential forecast is for aggregate spending to increase by 3.8% year on year (y/y), in 2017. Non-residential spending is projected to increase an additional 3.6% in 2018.

The nation's economy is performing well and its prospects through 2018 remain good. On August 4^th, the Bureau of Labor Statistics (BLS) reported that 209,000 new jobs were created in July.

The Broad (or trade weighted US dollar index), Index fell year on year, (-1.2%) for the first time in three years. The monthly Broad Index recorded a value of 96.77 for July, down in each of the last six months from its high of 102.78 in January.

The U.S. economy is still creating jobs at a healthy rate. During the month of June the U.S. economy created 222,000 and year to date, (YTD), it has created an average of 179,800 jobs per month.