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Daily Roundup of Key US Economic Data for Sept. 8

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The New York Fed's inflation expectations survey for August showed no change in inflation expectations at the one-year and five-year horizons and a small downward adjustment at the three-year horizon.

The National Federation of Independent Business' monthly sentiment index fell to 98.7 in August from 99.8 in July, with declines in six of the 10 components, particularly the economic outlook.

"Uncertainty remains elevated among small business owners as they face a mixed set of challenges with weakened sales, supply chain disruptions, and inflation pressures," said NFIB Chief Economist Bill Dunkelberg. "While expectations for the overall economy dimmed, Main Street owners remain largely positive in the health of their own businesses."

Consumer credit usage rose by $18.1 billion in July after a $4.5 billion gain in June, with revolving credit use rising at a slower rate than in the previous month and nonrevolving credit use rising at a faster rate.

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