Economy
Consumer Credit Growth Increased in November
In November, consumer credit increased at a seasonally adjusted annual rate of 4.4 percent. Revolving credit decreased at an annual...
140,000 Jobs Lost in December
Total nonfarm payroll employment declined by 140,000 in December, according to the Bureau of Labor Statistics. Total unemployed persons were...
U.S. International Trade Balance Widened in November
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
ISM: Services Sector Growth Continues in December
The ISM Services Index grew in December for the seventh consecutive month. The index registered 58.2% in December; 1.3 percentage...
FOMC: Pandemic Continues to Pose ‘Considerable Risk’ to Economic Outlook
The coronavirus pandemic continues to cause economic hardship across the country and poses considerable risk to the economic outlook over...
Survey: 44% of Small Business’ Explored Online Lending Last Year
Small businesses are exploring online lending, with 44% saying they looked into the option in the past year and 25%...
Factory Orders Rise 1.0% in November
New orders for manufactured goods in November, up seven consecutive months, increased 1.0% to $487.2 billion, according to the U.S....
ADP: 123,000 Jobs Lost in December
The non-farm private sector lost 123,000 jobs in December, according to the ADP National Employment Report. This follows a revised...
Manufacturing Sector Growth Continues in December
The ISM Manufacturing Index registered 60.7 points in December, an increase of 3.2 percentage points from the November reading of...
