Producer Prices Rose 1.0% in March
The Producer Price Index for final demand increased 1.0% in March, seasonally adjusted, the U.S.…
Browsing: Economy
Consumer Credit Growth Increased in February
In February, consumer credit increased at a seasonally adjusted annual rate of 7.9%. Revolving credit…
FOMC Projects ‘Substantial’ GDP Growth This Year
Real gross domestic product growth is projected to be substantial this year and the unemployment rate is expected to decline markedly, according to members of the Federal Open Market Committee.
U.S. International Trade Balance Widened in February
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the…
The Real Story on Bank Branch Closures
Some branches are closing but that doesn’t mean reduced access to banking services, especially in lower-to-moderate-income neighborhoods.
Factory Orders Down Slightly in February
New orders for manufactured goods in February, down following nine consecutive monthly increases, decreased $4.1…
ISM: Service Sector Growth Continues in March
The ISM Services Index registered 63.7% in March; 8.4 percentage points higher than the February…
916,000 Jobs Added in March, Unemployment Rate at 6.0%
Total nonfarm payroll employment rose by 916,000 in March, according to the Bureau of Labor…
Manufacturing Sector Expanded in March
The ISM Manufacturing Index registered 64.7 points in March, 3.9 percentage points higher than the…
Construction Spending Rate Decreased in February
Construction spending fell 0.8% at a seasonally adjusted annual rate (SAAR) of $1,516.9 billion in…