Bank economists: Credit outlook improves amid continued softening
While the outlook for credit conditions over the next six months has improved, bank economists expect continued softening in credit...
Economy
Personal income increased 0.4% in September
Personal income increased 0.4%, or $94.5 billion, in September, the Commerce Department said. The personal savings rate was 4.7%.
Preliminary: Consumer sentiment increased 2.3 points in December
The University of Michigan Consumer Sentiment Index rose 4.5% in December compared to the month prior, landing at 53.3, according...
Mortgage rates decline
The rate for a 30-year fixed-rate mortgage was 6.19% this week. The rate for a 15-year fixed-rate mortgage was 5.44%.
New orders for manufactured goods increased in September
New orders for manufactured goods in September, up two consecutive months, increased $1.2 billion or 0.2% to $612.6 billion, the...
Learning from banks’ 2023 borrowing from the Fed
Use of the discount window by banks reaffirms that severe stress in 2023 was limited to a handful of banks.
ADP: 32,000 jobs lost in November
The non-farm private sector lost 32,000 jobs in November, and annual pay was up 4.4% year-over-year, according to the ADP...
ISM: Service sector expanded in November
The ISM Services Index indicated expansion at 52.6% for the ninth time in 2025. A value above 50 reflects expansion.
Fed report: U.S. banking sector remains strong
The U.S. banking system continues to maintain strong capital and liquidity levels while maintaining strong profitability and healthy loan growth,...
Construction spending edged up 0.2% in August
Construction spending during August 2025 was estimated at a seasonally adjusted annual rate of $2,169.5 billion, 0.2% above the revised...
