Beige Book: Economic Activity Hampered by Labor Shortages, Supply Chain Issues
Economic activity grew at a modest pace in the final weeks of 2021 as many parts of the country reported...
Economy
Consumer Prices Rise in December
The Consumer Price Index increased 0.5% in December on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
Small Business Optimism Increases in December
The NFIB Small Business Optimism Index increased 0.5 point in December, measuring 98.9. A seasonally adjusted net 28.0% of owners...
ABA Data Bank: Strong Demand, Slowing Inflation, Improved Delivery Times Signal Easing Supply Constraints
The ISM Manufacturing Index remained in expansionary territory in December, continuing to reflect strong demand. The largest decrease in the...
Consumer Credit Increases in November
In November, consumer credit increased at a seasonally adjusted annual rate of 11.0%. Revolving credit increased at an annual rate...
199,000 Jobs Added in December, Unemployment Rate at 3.9%
Total nonfarm payroll employment rose by 199,000 in December, according to the Bureau of Labor Statistics. Total unemployed persons fell...
New Orders for Manufactured Goods Increase in November
New orders for manufactured goods in November, up eighteen of the last nineteen months, increased $8.4 billion or 1.6% to...
ISM: Service Sector Growth Continues in December
The ISM Services Index registered 62.0% in December; 7.1 percentage points below the November reading of 69.1%. This reading represents...
U.S. International Trade Balance Grows in November
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
FOMC: Higher Inflation, Labor Developments Spurred Asset Purchase Tapering
In light of elevated inflation pressures and further improvements in the labor market, Federal Open Market Committee members decided in...
