Closed-End Delinquencies Rise in Q1 as Pandemic Began
Consumer credit delinquencies rose in all 11 closed-end loan categories in the first quarter of 2020 as the coronavirus pandemic...
Economy
Retail Sales Rise Modestly in July
There was $536.0 billion in retail and food service sales in July, up 1.2% from June and 2.7% above the...
CRE Tenants Have Missed Billions in Payments. Which Sectors Are the Most at Risk?
While it is too early to assess the full effects, COVID-19 will permanently reshape commercial real estate in the U.S.
Consumer Prices Rise Slightly in July
The Consumer Price Index increased 0.6% in July on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
Small Business Optimism Falls in July
The NFIB Small Business Optimism Index fell 1.8 points in July to 98.8, near the survey’s historical average. Owners continue...
Producer Prices Rose 0.6 percent in July
The Producer Price Index for final demand rose 0.6% in July, seasonally adjusted, according to the U.S. Bureau of Labor...
Consumer Credit Shrinks in June
Consumer credit decreased at a seasonally adjusted annual rate of 6.75% in the second quarter according to the Federal Reserve....
ABA Data Bank: Banks of All Sizes Helped Provide Critical Financial Lifeline to Small Biz
Breaking down of Paycheck Protection Program lending by banks in the second quarter (through June 30, 2020), by asset size.
1.8 Million Jobs Added in July
Total nonfarm payroll employment rose by 1.8 million in July, according to the Bureau of Labor Statistics. Total unemployed persons...
Report: Credit Card Use Dips in Q1 Amid COVID-19 Uncertainty
As the coronavirus outbreak spread in the U.S. in the first quarter, credit card purchase volume and debt outstanding declined,...
