Understanding the Fed’s weekly H.8 report
What the Federal Reserve's commercial bank balance sheet data can and can't tell us.
Economy
NFIB: Small business concern about bank health fades
Small-business owners’ concerns about the health of their bank have eased significantly in recent months, with more than half saying...
New home sales increased in July
New single‐family home sales increased to a seasonally adjusted annual rate of 714,000 in July, according to the U.S. Census...
Existing home sales decreased 2.2% in July
Existing-home sales fell 2.2% in July to a seasonally adjusted annual rate of 4.07 million, according to the National Association...
New York Fed: Job seekers demanding higher starting wages
While the proportion of individuals seeking new jobs is down from a year ago, the average starting salary that job...
Industrial production rose 1.0% in July
Industrial production rose 1.0% in July after declining in the previous two months, according to the Federal Reserve. June’s reading...
Housing starts increased in July
Housing starts increased to a seasonally adjusted annual rate of 1.452 million in July, according to the U.S. Department of...
Home builder confidence falls in August
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) declined 6 points to 50 in August. “Rising...
Retail sales increased 0.7% in July
There were $696.4 billion in retail and food service sales in July, up 0.7% from the previous month and 3.2%...
How the rating agencies missed the mark: Reassessing recent analyses of the banking sector
In light of the August 2023 downgrade by Moody’s of several US banks, as well as commentary by Fitch Ratings...
