Fed Holds Steady
Though the Committee noted that economic activity has expanded moderately after the first quarter, the Federal Reserve Open Market Committee...
Economy
Housing Starts Fall in May after Strong Gains in April
Housing starts in May were at a seasonally adjusted annual rate of 1.036 million, 11.1 percent below the revised April...
Homebuilder Confidence Reached Yearly High in June
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) rose 5 points to a level of 59 in...
Industrial Production Declines Again in May
Industrial production decreased 0.2 percent in May—the sixth consecutive month without a gain in the index. April’s reading was revised...
Producer Prices Post Largest Gain Since 2012
Producer prices rebounded in May, climbing 0.5 percent, seasonally adjusted, according to the U.S. Bureau of Labor Statistics, attributable to...
Household Net Worth Rises by $1.6 Trillion, Savings Rate Jumps to 5.5 Percent
Household net worth increased by $1.6 trillion during the first quarter of 2015 to $84.9 trillion, a 2 percent increase...
Retail Sales Climb in May
There were $444.9 billion of retail and food services sales in May (after adjustment for seasonal variation and holiday and...
San Francisco Fed: Rise in Involuntary Part-Timers Signals Changes in Labor Force
The share of the labor force working part-time but that would prefer to work full time has risen, according to...
Small Business Optimism at Highest Level Since December
The NFIB Small Business Optimism Index increased 1.4 points to 98.3 in May, the highest level since December.
Consumer Credit Grows 7.3 Percent in April
Consumer credit increased at a seasonally adjusted annual rate (SAAR) of 7.3 percent in April to $3.38 trillion. Revolving credit...
