ISM: Non-Manufacturing Sector Contracts Again in May
The ISM Non-Manufacturing Index contracted in May for the second consecutive month. The index registered…
The ISM Non-Manufacturing Index contracted in May for the second consecutive month. The index registered…
As a record expansion ground to a halt, a whole new generation of bankers has had no experience with a down cycle. What can bankers nationwide learn from the challenged agricultural economy of the past decade about the role of emotional intelligence in banking?
The American Bankers Association added five banks to its Nasdaq Community Bank Index (ABAQ) today.
The ISM Manufacturing Index registered 43.1 points in May, as increase of 1.6 percentage points…
The nation’s top economists forecast that the economy will experience a 6% contraction in 2020, with conditions beginning to recover sometime around the third quarter after a sharp second-quarter decline, according to the American Bankers Association’s Economic Advisory Committee.
However, economists expressed a wide range of views, with little clustering, reflecting the great degree of economic uncertainty of the times.
Consumer Sentiment increased 0.5 points in May to 72.3, according to the University of Michigan…
New single-family home sales rose to a seasonally adjusted annual rate of 623,000 in April,…
Existing-home sales dropped by 17.8% in April to a seasonally adjusted annual rate of 4.33…
Members of the Federal Reserve Open Market Committee said they expect economic activity in the second quarter to “decline at an unprecedented rate” as the coronavirus pandemic persists in the U.S., with the heaviest burden likely to fall on the “most vulnerable and financially constrained households in the economy.”