ABA DataBank: U.S. economic growth turns negative
Real GDP fell at an annual rate of -0.3% in the first quarter of 2025, according to the BEA's "advance" estimate.
Real GDP fell at an annual rate of -0.3% in the first quarter of 2025, according to the BEA's "advance" estimate.
The Fifth Circuit Court of Appeals granted a request by the CFPB and ABA and other plaintiffs to end a lawsuit over changes to the bureau’s UDAAP exam manual.
Banker satisfaction with their core providers increased modestly in the 2024 ABA Core Platforms Survey. On a scale of 1-5, overall satisfaction remains low at 3.19.
New orders of manufactured goods increased $25.7 billion, or 4.3%, from the prior month to $618.8 billion in March, the Commerce Department said.
The U.S. economy added 177,000 nonfarm jobs in April, the Labor Department said. The unemployment rate was unchanged at 4.2%.
Senate Majority Leader John Thune (R-S.D.) will expedite a Senate vote on legislation to create a regulatory framework for payment stablecoins, the bill’s sponsors announced.
American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA
ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe