Retail Sales Increase in August
There were $618.7 billion in retail and food service sales in August, an increase of…
Browsing: Economy
Industrial Production Rose 0.4% in August
Industrial production increased 0.4% in August after moving up 0.8% in July. Shutdowns related to…
Consumer Prices Rise in August
The Consumer Price Index increased 0.3% in August on a seasonally adjusted basis, according to…
Small Business Optimism Increases in August
The NFIB Small Business Optimism Index increased 0.4 points in August, measuring 100.1. The Uncertainty…
ABA, Financial Trade Groups Call for Immediate Action on Debt Ceiling
The American Bankers Association joined the Securities Industry and Financial Markets Association, the Bank Policy Institute, the Financial Services Forum and the Investment Company Institute in a letter to congressional leaders supporting action to raise the federal debt ceiling “without delay.”
ABA Data Bank: 2021 Disney World Attendance Lags Pre-Pandemic Levels
According to proprietary Deutsche Bank attendance tracker data for Disney’s parks, attendance continues to lag pre-pandemic levels and declined in recent weeks as the spread of Delta rises.
Producer Prices Rose 0.7% in August
The Producer Price Index for final demand increased 0.7% in August, seasonally adjusted, the U.S.…
Consumer Credit Increases 4.7% in July
In July, consumer credit increased at a seasonally adjusted annual rate of 4.7%. Revolving credit…
Beige Book: Economic Growth Slows
Economic growth slowed slightly to a moderate pace from early July to August, as dining out, travel and tourism declined due to safety concerns around the rise of the COVID-19 Delta variant, according to the Federal Reserve’s sixth Beige Book release of the year.
FDIC: Bank Profits Increase in Second Quarter
FDIC-insured banks and savings institutions earned $70.4 billion in the second quarter of 2021, a 281% increase from a year before at the height of the COVID-19 pandemic, the FDIC reported today in its Quarterly Banking Profile.