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...
Economy
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...
U.S. Adds 280,000 jobs in May
Total nonfarm payroll employment rose by 280,000 in May, up from last month’s revised estimate of 221,000. The unemployment rate...
Oil-Related Job Cuts Wane
Employers announced plans to shed 41,034 workers from their payrolls in May, following the 61,582 planned job cuts announced in...
U.S Foreign Trade Deficit Drops Nearly 20 Percent in April
The U.S. international trade deficit narrowed in April to $40.9 billion, down $9.7 billion from March, attributable to both a...
Beige Book: Economic Activity Expanded and Loan Demand Increased
Overall economic activity expanded during the reporting period from early April to late May according to the fourth Federal Reserve...
Non-Manufacturing ISM Index Continued to Grow, But at a Slower Pace
The Non-Manufacturing ISM Report on Business Index was 55.7 in May, 2.1 percentage points lower than the previous month. Index...
