Producer Prices Rose 1.0% in June

The U.S. manufacturing sector contracted in June for the fourth month in a row, following a two-month expansion preceded by 26 straight months of contraction. The ISM Manufacturing PMI registered 49%, 0.5 percentage points lower compared to the...

Construction spending during May 2025 was estimated at a seasonally adjusted annual rate of $2,138.2 billion, 0.3% below the revised April estimate of $2,145.5 billion. The May figure is 3.5% below the May 2024 estimate of $2,215.4 billion....

Not only do we celebrate the 150th anniversary of our organization, we also commemorate an important milestone for the ABA Foundation.

Under the recession scenario, the CET1 capital ratio declined by 1.8 percentage points in the aggregate. The Fed has proposed averaging results over multiple years to reduce volatility in calculating capital requirements.

Consumer spending rose 0.5% in the first quarter, down from 1.2% in an earlier estimate. Further, a 0.3% decrease in real PCE in May signals that consumer spending is continuing to trend downwards in Q2 2025.

Personal income decreased 0.4%, or $109.6 billion, in May, the Commerce Department said. The personal savings rate was 4.5%.