WalletHub: Despite economic volatility, consumers mostly confident with finances
Consumers feel nearly 8% more confident about their financial outlook this month than they did at the same time last...
Economy
Bank survey: More prospective homeowners reentering market
The number of prospective homebuyers willing to wait until interest rates or home prices come down to purchase a home...
New orders for manufactured goods decreased in October
New order for manufactured goods decreased 3.6% to $576.8 billion in October, according to the U.S. Census Bureau. This followed...
ISM Manufacturing falls in November
The U.S. manufacturing sector contracted in November, Manufacturing PMI® registered 46.7%, unchanged from the 46.7% recorded in October. Regarding the...
Construction spending increases in October
Construction spending during October 2023 was estimated at a seasonally adjusted annual rate of $2,027.1 billion, 0.6% above the revised...
ABA Nasdaq Community Bank Index additions announced
The American Bankers Association today announced the addition of four banks to the ABA Nasdaq Community Bank Index.
Quarterly Banking Profile: Banking net income declined in Q3
FDIC-insured banks and savings institutions earned $68.4 billion in the third quarter of 2023, a decline of $2.4 billion from...
Third quarter GDP (Second Estimate) increases 5.2%
Real GDP grew at an annual rate of 5.2% in the third quarter of 2023, according to the “second” estimate...
Fed’s Waller, Bowman uncertain about further rate hikes
In separate speeches, Federal Reserve Governors Christopher Waller and Michelle Bowman gave differing answers to the question of whether the...
New home sales decreased in October
New single-family home sales decreased to a seasonally adjusted annual rate of 679,000, according to the U.S. Census Bureau and...
