Household debt ticks up slightly in Q1
Total household debt increased by 1.7% to $15.84 trillion in the first quarter of this year, the Federal Reserve Bank...
Economy
Small business optimism remained unchanged in April
The NFIB Small Business Optimism Index remained unchanged in April, measuring 93.2. A seasonally adjusted net 20.0% of owners plan...
ABA unveils new Bank On infographic
As the banking industry works to address the 7.1 million households that are unbanked in the United States, ABA has...
Fed report: Banking system remains strong, assessing of fintech risk ramps up
The banking system remained strong overall, with robust capital and liquidity and improved asset quality in the second half of...
428,000 jobs added in April, unemployment rate at 3.6%
Total nonfarm payroll employment rose by 428,000 in April, according to the Bureau of Labor Statistics. Total unemployed persons remained...
ABA Data Bank: Total nonfarm employment increased 428,000 in April
Both the unemployment rate and labor force participation rate remained flat in April, at 3.6% and 62.2%, respectively. Total employment...
ABA report: Credit card market recovery continued in Q4 2021
In a sign of continuing U.S. consumer strength, monthly credit card purchase volumes rose across risk tiers in last year’s...
Fed announces 50 basis point rate hike
In a significant move today, the Federal Reserve announced that it will increase the target range for the federal funds...
U.S. international trade balance grows in March
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
ADP: 247,000 jobs gained in April
The non-farm private sector gained 247,000 jobs in April, according to the ADP National Employment Report. This follows a revised...
