Business inventories in August came in at $2.58 trillion, up 0.3% from the month prior and up 2.4% from a year ago, the Commerce Department said today. Trade sales and manufacturers’ shipments were $1.88 trillion, down 0.2% from the month prior and up 1.3% from a year ago.
Report: FHLBanks’ support for affordable housing grew 67 percent in 2023
The 11 Federal Home Loan Banks approved approximately $446.9 million in total affordable housing program funds in 2023, representing a 67% increase over the year before, the Federal Housing Finance Agency said.