Quick Overview

• The New York Federal Reserve's index of manufacturing is down from 23.9 to 23.0 in August.
  

• The U.S. Congressional Budget Office said that the federal budget deficit would be $331 billion this year and $314 billion in 2005-2006.
  
  
  

• The average price of U.S. retail diesel exploded last week, rising 16 cents a gallon in the largest single-week increase ever recorded, according to the Department of Energy. The surge left prices at $2.567 a gallon, setting a new record for the second time in the past month.
  
  
  

• The Green Coffee Association said that U.S. coffee stocks were up 118,087 bags at the end of July at 6.06 million bags.
  

• The USDA said that its good to excellent crop rating for:
  Corn was 51%, down from 52% a week ago.
  Soybeans were 51%, the same as a week ago.
  Spring wheat was 64%, down from 67% a week ago.
  Cotton was 64%, up from 61% a week ago.