The NFIB Small Business Optimism Index increased 0.4 points in May, measuring 89.4.
Seasonally adjusted net 19.0% planning to create new jobs in the next three months, up 2 points from April. The...
Economy
Report finds banks remain resilient as economy cools
Financial conditions have tightened further since January but the U.S. banking system remains sound and resilient, the Federal Reserve said...
ABA: Bank economists expect credit conditions to soften
Bank economists expect credit conditions to soften over the remainder of the year due to the economic headwinds faced by...
Fed’s Waller: Don’t blame rising rates for recent bank closures
The FOMC's decision to rapidly increase the federal funds rate over the past year was not a major factor in...
OCC: Trading revenue increased in first quarter
Commercial banks reported total trading revenue of $17.6 billion in the first quarter of 2023, up 83.3% from the previous...
Consumer credit increases in April
Consumer credit increased at a seasonally adjusted annual rate of 5.7% in April and 5.3% in March. Total outstanding credit...
New orders for manufactured goods increased in April
New orders for manufactured goods in April, up following two consecutive monthly decreases, increased 0.4% to $577.5 billion, the U.S....
U.S. international trade deficit decreases in March
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
ISM: Service sector declines in May
The ISM Services Index registered 50.3%, 1.6 percentage point decrease than April’s reading of 51.9%. The composite index indicated growth...
OCC cautions against growing credit risk in banking report
The overall strength of the federal banking system is sound but banks should remain diligent and confirm their risk management...
