Retail Sales Up 0.3 Percent in December

New orders for manufactured durable goods increased $1.1 billion, or 0.3%, from the previous month to $334.8 billion in June, the U.S. Census Bureau said in its most recent advance report.

In the first quarter of 2026, tax-exempt credit unions spent a combined $155.2 million on advertising and promotions and account for roughly one-third of the top 15 college sports naming rights agreements.

The ABA Office of the Chief Economist views home sales as a potential reversal in mortgage demand. Despite elevated mortgage rates, consumers may consider this a new norm and could support construction loan demand.

An up-to-date simulation incorporating more current data may allow the FDIC to meet its goals of covering the industry with a different ratio.

The rate for a 30-year fixed-rate mortgage was 6.58% this week. The rate for a 15-year fixed-rate mortgage was 5.96%.

The FDIC’s 2% Designated Reserve Ratio was developed using information available during the financial crisis. Subsequent experience and structural changes in the banking system raise the question of whether the original calibration remains appropriate today.