U.S. Economy

• Household wealth rose to a record level reaching $81.5 trillion during the second quarter of 2014 USA Today
• The Federal Open Market Committee cut the stimulative monthly bond buying program from $25 billion to $15 billion Bloomberg
• After surging in July new housing starts fell in August Reuters

U.S. Consumer and Producer Prices

• Consumer inflation fell in August for the first time in more than a year Bloomberg
• Producer prices were flat last month CNBC

U.S. Labor Market

• Thirty-five states saw payroll growth during the month of August indicating signs of strength in the economy Bloomberg
• North Dakota has the lowest unemployment rate at 2.8% while other states begin to see a decline as well Wall Street Journal

Around the World

• Pressure is being placed on Berlin and Tokyo to stimulate growth Reuters
• “Slowing investment and resilient consumption in China are changing Asia’s economic order” The Economist
• Scotland votes no in a independence referendum CNN