ABA Report: Business, Consumer Credit Markets Expected to Continue Improving
Top economists from the largest U.S. banks expect credit conditions to continue improving for both consumers and businesses over the...
Economy
ABA Data Bank: ABA Economic Advisory Committee Forecasts Interest Rates to Rise, Inflation to Slow in 2022
The ABA Economic Advisory Committee consensus forecast anticipates softer, though still elevated, inflation in 2022 along with three 25 basis...
Existing Home Sales Decline in December
Existing-home sales fell 4.6% in December to a seasonally adjusted annual rate of 6.12 million, according to the National Association...
Podcast: Persistent Inflation, Full Employment Driving Rate Hike Expectations
Inflation surprises and labor market tightening necessitate an appropriate response from the Federal Reserve, says Ellen Zentner on the latest...
Housing Starts Increase in December
Housing starts were at a seasonally adjusted annual rate of 1.70 million in December, according to the U.S. Census Bureau....
Home Builder Confidence Falls in January
The National Association of Home Builders/Wells Fargo Housing Market Index decreased one point to 83 in January. “Higher material costs...
Retail Sales Decrease in December
There were $626.8 billion in retail and food service sales in December, a decrease of 1.9% from the previous month,...
Industrial Production Declines in December
Industrial production increased 0.1% in December after moving up 0.7% in November. Total industrial production in December was 3.7% higher...
Consumer Sentiment Decreases in January
Consumer Sentiment was 68.8 in January according to the University of Michigan Consumer Sentiment Index. January’s figure was 2.5 points...
Bank Economists Expect Economic Growth to Slow
The nation’s top economists forecast that economic growth will slow from 5.5% last year to 3.3% in 2022 and 2.3%...
