New Home Sales Declined 0.7 percent in September
New single-family home sales fell to a seasonally adjusted annual rate of 701,000 in September, according to the U.S. Census...
Economy
Durable Goods Orders Decreased in September
New orders for manufactured durable goods decreased 1.1% in September to $248.2 billion, following three consecutive monthly increases, according to...
House Members Call for OFR Study of CECL’s Financial Stability Impact
A bipartisan group of 28 House members last week called on the Financial Stability Oversight Council to require that the...
Existing Home Sales Declined in September
Existing-home sales dropped by 2.2 percent from August to a seasonally adjusted annual rate of 5.38 million in September, according...
N.Y. Fed’s Williams: Repo Market Turmoil No Reason to Delay Libor Switch
Recent money market conditions that have seen the Federal Reserve resume regular repo operations for the first time in years...
Banks Cite Intraday Payments Flows as Key Driver for Setting Reserve Floors
In a Federal Reserve survey released today, senior financial officers from 80 U.S. banks and U.S. branches of foreign banks...
Industrial Production Declined 0.4 percent in September
Industrial production decreased 0.4 percent in September after rising 0.8 percent in August. For the third quarter as a whole,...
Housing Starts Decreased in September
Housing starts decreased to a seasonally adjusted annual rate of 1.256 million in September, according to the U.S. Department of...
Homebuilder Confidence Increases in October
The National Association of Home Builders/Wells Fargo Housing Market Index rose to 71 in October, three points above September’s reading....
Retail Sales Down 0.3 Percent in September
There was $505.8 billion in retail and food service sales in September, down 0.3 percent from the previous month but...
