Bonus Podcast: A Record-Setting Expansion, but Growing Downside Risk

Proposed acquisitions announced to banks in Nebraska, Florida and Illinois. Two New England mutual banks announce holding company merger.

ABA economists believe this month's data reflects resiliency despite the effect of higher interest rates. Continued growth suggests mortgage demand will remain steady in the near term, though higher energy prices and interest rates threaten long-term momentum.

Aliese Rosado, SVP and retail market manager at Meridian Bank in Malvern, Pennsylvania, has been named the winner of this year’s ABA Stonier Scholarship.

Homebuilder confidence in the market for newly built single-family homes increased three points to 37 in May, according to the NAHB/Wells Fargo Housing Market Index.

Hotter-than-expected inflation data in April pushed financial markets to sharply revise expectations for Federal Reserve monetary policy.

Industrial production increased 0.7% in April after decreasing 0.3% in March. In April, manufacturing output rose 0.6%, the index for mining ticked down 0.1%, and utilities output moved up 1.9%.