GET DAILY REPORT FREE
Guest speaker: Andrew Maas, LSU’s associate vice president for research overseeing the office of Innovation and Ecosystem Development, will speak at the Rotary Club of Baton Rouge on Wednesday afternoon. Maas, the principal investigator in the recently announced $160M NSF Engine award for Louisiana, will speak on the future of energy in Louisiana. The Rotary Club of Baton Rouge meets at noon each Wednesday at Drusilla Seafood.
Some improvement: A gauge of U.S. manufacturing edged up last month from an eight-month low in July amid some improvement in employment, but the overall trend continues to point to subdued factory activity. The Institute for Supply Management said on Tuesday that its manufacturing PMI rose to 47.2 in August from 46.8 in July, which was the lowest reading since November. Read more from Reuters.
Winners and losers: The latest batch of retail earnings had clear sets of winners and losers. The takeaway: The lowest-income consumers are scraping by, while middle- and high-income consumers are still shopping but looking for deals. Read more from The Wall Street Journal.
