ISM Manufacturing Decreases in October
The ISM Manufacturing Index registered 60.8 points in October, 0.3 percentage point lower than the September reading of 61.1%. This...
Economy
Construction Spending Falls in September
Construction spending was at a seasonally adjusted annual rate of $1,573.6 billion in September, 0.5% below the revised August estimate...
The Myth of the Disappearing Bank Branch
A Cleveland Fed report finds that—despite consolidation—bank branch proximity has remained stable and, in some cases, improved.
Consumer Sentiment Decreases in October
Consumer Sentiment was 71.7 in October according to the University of Michigan Consumer Sentiment Index. October’s figure was 1.5 points...
Real GDP Increases 2.0% for the Third Quarter
Real GDP increased at a seasonally adjusted annual rate of 2.0% during the third quarter of 2021, according to the...
New Orders for Manufactured Durable Goods Decrease in September
New orders for manufactured durable goods in September decreased $1.0 billion or 0.4% to $261.3 billion, the U.S. Census Bureau...
New Home Sales Rise in September
New single-family home sales rose to a seasonally adjusted annual rate of 800,000 in September, according to the U.S. Census...
ABA Data Bank: US E-commerce Prices No Longer Offsetting Consumer Price Inflation
While online retail prices have historically provided a counterweight to inflationary pressures, analysis by Adobe Analytics finds they have started...
Existing Home Sales Rise in September
Existing-home sales rose 7.0% in September to a seasonally adjusted annual rate of 6.29 million, according to the National Association...
ABA Report: Business, Consumer Credit Markets to Continue Improving Over Next Six Months
Top economists from the largest U.S. banks expect credit conditions to continue improving for both consumers and businesses over the...
