Daily Roundup of Key US Economic Data for Aug. 26

02:37 PM EDT, 08/26/2025 (MT Newswires) -- The Conference Board's Consumer Confidence Index fell to 97.4 in August from a 98.7 reading in July due to declines in both the present situation and expectations readings.

The Conference Board noted that the assessment of business conditions improved slightly in the month, but that employment conditions and expectations of future job availability deteriorated modestly.

The FHFA home price index posted a 0.2% decline in June after a smaller 0.1% decrease in May. The index was 2.6% higher than a year ago. Home prices in Q2 were unchanged from Q1 but were up 2.9% from the same quarter a year ago.

Released at the same time, S&P Case-Shiller reported a 0.1% June home price gain, down from 0.5% in May. The index was up 1.9% year-over-year.

The service-sector data reports released on Tuesday were mixed. The Dallas Federal Reserve's services index reading rose to 6.8 in August from 2.0 in July, and the Richmond Fed's services reading increased to 4 in August from 2 in July, but the Philadelphia Federal Reserve's services reading fell to minus 17.5 from minus 10.3.

The Richmond Fed's manufacturing index rose to minus 7 in August from minus 20 in July, still indicating contraction. Other regional manufacturing data already released have been mixed.

Durable goods new orders fell by 2.8% in July, while shipments rose by 1.4%. Excluding transportation, new orders were up 1.1% and shipments rose by 1%.

Redbook reported that US same-store retail sales were up 6.5% year-over-year in the week ended Aug. 23, faster than a 5.9% gain in the prior week due to a jump in back-to-school sales.

The Q3 GDPnow estimate from the Atlanta Fed is for a 2.2% gain, revised down from a 2.3% gain reported on Aug. 19. The next update is scheduled for Friday.

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