Housing Starts Up 1.9% in September
Housing starts increased to a seasonally adjusted annual rate of 1.415 million in September, according to the U.S. Census Bureau....
Economy
FDIC: Share of Unbanked Americans Reaches Record Low in 2019
The share of U.S. households that are unbanked continued falling in 2019, reaching 5.4%, the lowest rate yet recorded in...
Fed’s Clarida: Banks Passed ‘Ultimate Stress Test’ With Flying Colors
The banking industry was able to pass the “ultimate stress test” with flying colors in March and April as the...
Home Builder Confidence Reaches New Record High in October
The National Association of Home Builders/Wells Fargo Housing Market Index increased to 85 in October, its highest reading on record,...
Industrial Production Declined in September
Industrial production decreased 0.6% in September, its first decline after four consecutive months of gains. Manufacturing output decreased 0.3% in...
Retail Sales Up 1.9 Percent in September
There were $549.3 billion in retail and food service sales in September, up 1.9% from August and 5.4% above the...
Fed’s Clarida: Pandemic Recession May Be ‘Briefest in U.S. History’
While the pandemic-related recession was by far the deepest one in postwar history, “it also may go into the record...
Producer Price Index Rose 0.4 Percent in September
The Producer Price Index for final demand advanced 0.4% in September, seasonally adjusted, according to the U.S. Bureau of Labor...
Consumer Prices Rise Slightly in September
The Consumer Price Index increased 0.2% in September on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
Small Business Optimism Improves in September
The NFIB Small Business Optimism Index increased 1.4 points in September to 104.0, a historical high. Some owners have reported...
