Powell: Fed not seeking to become climate policymaker
Federal Reserve Chairman Jerome Powell said that the Fed needs to avoid “mission creep” if it wants to maintain the...
Economy
ISM: Service sector expanded in March
The ISM services index decreased 1.2 percentage points (pp) to 51.4% - the 15th consecutive month of expansion for the...
Bank survey: Middle-income Americans feeling more financially secure
Nearly three in four middle-income Americans say they are on the right track toward financial security, with concern about inflation...
Factory orders increase in February
New orders of manufactured goods increased $8.2 billion, or 1.4%, from the prior month to $576.8 billion in February, the...
New orders for manufactured goods increased in February
New orders for manufactured goods increased 1.4% to $576.8 billion in February, the U.S. Census Bureau reported today. This followed...
ISM Manufacturing rises in March
U.S. manufacturing activity expanded for the first time in March, following 16 consecutive months of contraction, the Institute for Supply...
Construction spending dropped slightly in February
Construction spending in February was at a seasonally adjusted annual rate of $2.1 trillion, 0.3% below the revised January estimate,...
ABA Data Bank: Recession risks decline as inflation continues to moderate
Recession risks have diminished, inflation continues to moderate, and employment gains remain robust, according to the ABA Economic Advisory Committee.
Personal income increased in February
Personal income increased 0.3%, or $66.5 billion, in February, the Commerce Department said .
Mortgage rates drop slightly
The rate for a 30-year fixed-rate mortgage averaged 6.79% this week, down from last week when it averaged 6.87%.
