N.Y. Fed’s Williams Signals Rate Increases at Next Fed Meeting
In remarks at an industry event today, Federal Reserve Bank of New York President and CEO John Williams signaled that...
Economy
Housing Starts Increase in January
Housing starts were at a seasonally adjusted annual rate of 1.64 million in January, according to the U.S. Census Bureau....
FOMC: Robust Economic Growth Likely to Follow Quick Passing of Omicron
If the omicron wave of the COVID-19 pandemic dissipates quickly, economic activity will likely strengthen rapidly and economic growth will...
Home Builder Confidence Falls in February
The National Association of Home Builders/Wells Fargo Housing Market Index decreased one point to 82 in February. “Production disruptions are...
Industrial Production Increases in January
Industrial production increased 1.4% in January after declining 0.1% in December. Total industrial production in January was 4.1% higher than...
U.S. International Trade Balance Grows in December
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
Producer Prices Rose 1.0% in January
The Producer Price Index for final demand increased 1.0% in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported...
Credit Risk in SNC Program Remains High, Agencies Find
The federal banking agencies found that credit risk improved modestly in 2021 but remains high in the Shared National Credit...
Consumer Sentiment Decreases in February
Consumer Sentiment was 61.7 in February, according to the University of Michigan Consumer Sentiment Index. February’s figure was 5.5 points...
ABA Data Bank: Google Trends Data Shows Uptick in Going Out
Google searches for concerts, restaurants, and rental cars ticked up after daily new cases of omicron started to decline.
