How America’s Businesses Get Moving

Many small businesses are still expanding despite ongoing economic pressures and rising costs, according to a new survey by U.S. Bank.

Total existing home sales remained up 2.8% over the year. The ABA Office of the Chief Economist views continued sluggish home sales as a headwind for overall credit demand.

For the first time since 2023, a majority of consumers believe it is better to buy a home rather than rent or move in with family, according to a recent survey by Bank of America.

Total outstanding revolving credit, largely a reflection of credit card debt, decreased at an annual rate of 4.7% to $1.34 trillion. Total outstanding nonrevolving credit increased at an annual rate of 1.6% to $3.81 trillion.

Federal Reserve officials seemed to be divided over interest rates according to minutes released from the Federal Open Market Committee June 16-17 meeting. In the end, the committee voted unanimously to maintain the target range for the federal...

ABA economist Dan Brown discusses the recent release of HMDA data for 2025. He examines several trends, including the varying composition of bank mortgage loans in different regions, where banks face the stiffest nonbank competition in the mortgage...