Mind the GAAP: Assessing bank health in the current environment
Regulatory capital, together with other risk metrics, is a better assessment than tangible-based capital measures when assessing bank conditions.
Economy
Fed’s Williams: Longer-run inflation expectations in line with FOMC target
Longer-run inflation expectations during the past year and a half have remained “remarkably stable” at levels broadly consistent with the...
The NFIB Small Business Optimism Index declined 0.8 points in October, measuring 91.3
A seasonally adjusted net 20.0% of owners plan to create new jobs in the next 3 months, down 3 points...
Consumer credit increases in September
Consumer credit increased at a seasonally adjusted annual rate of 6.8% in the third quarter and 6.4% in August. Total...
ISM: Service sector expands in October
The ISM Services Index registered 54.4%; 2.3 percentage points lower than September’s reading of 56.7%. This reading represents the 29th...
261,000 jobs added in October, unemployment rate at 3.7%
Total nonfarm payroll employment rose by 261,000 in October, according to the Bureau of Labor Statistics. Total unemployed persons edged...
U.S. international trade deficit increases in September
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
New orders for manufactured goods increased in September
New orders for manufactured goods in September, up eleven of the last twelve months, increased $1.5 billion or 0.3% to...
ABA survey: Ag lenders cite interest rate volatility as top concern
Forty-nine percent ranked interest rate volatility among their top two concerns, up 35.5 percentage points from last year.
Podcast: What corporate CFOs can tell us about the direction of the economy
For U.S. businesses, lagging indicators may be at odds with leading indicators like business sentiment. "The headlines we see in...
