ABA Data Bank: Explaining the Deposit-Loan Divergence
Bank lending is not keeping up with deposit growth. Here’s why.
Economy
JPMorgan Chase Survey: 88% of Business Leaders Optimistic About Next Six Months
Eighty-eight percent of midsize business leaders are optimistic about their company’s performance in next six months, up significantly from 56%...
Consumers Remain Resilient as the Economy Rebounds
While delinquency rates and other indicators of consumer financial stress may rise as COVID-19 support programs are phased out, most...
Housing Starts Increase in June
Housing starts increased to a seasonally adjusted annual rate of 1.643 million in June, according to the U.S. Census Bureau....
Home Builder Confidence Falls in July
The National Association of Home Builders/Wells Fargo Housing Market Index fell to 80 in July. NAHB Chairman Chuck Fowke noted...
Housing Market Heats Up after COVID-19
The COVID-19 pandemic created the deepest economic contraction in modern U.S. history and led to considerable uncertainty. However, it also...
ABA Data Bank: Home Prices Increased Across All 50 States in 2020
: Home Prices Increased Across All 50 States in 2020. The greatest appreciation was in the Pacific Northwest and Mountain...
Retail and Food Service Sales Increase in June
There were $623.1 billion in retail and food service sales in June, an increase of 0.6% from the previous month,...
Consumer Delinquencies Decline in First Quarter of 2021
Consumer credit delinquencies declined in the first quarter of 2021—following a rise the prior quarter—as the economy rebounded strongly, according...
Industrial Production Increases in June
Industrial production increased 0.4% in June after increasing 0.7% in May. Total industrial production in May was 9.8% higher than...
