NFIB: Small business optimism rose in July
The NFIB Small Business Optimism Index increased 2.4 points in July to 99.8, rising above its 52-year average of 98....
Economy
New York Fed: Household debt dipped to $18.8T in Q2
Total household debt decreased $13 billion, or 0.1%, to $18.8 trillion in the second quarter of the year, the Federal...
ABA DataBank: Existing home sales fell in July
ABA economists views the continued sluggish home sales as a headwind to mortgage demand. Slower turnover in the housing market may...
Fed: Consumer credit increased 2.6% in Q2
Consumer credit increased at a seasonally adjusted annual rate of 2.6% in the second quarter, with revolving and nonrevolving credit...
New York Fed: Inflation expectations improved in July
Consumer inflation expectations in July decreased slightly at the short-term horizon and remained unchanged at the medium- and longer-term horizons,...
ABA DataBank: U.S.-Japan intervention supports the yen
The U.S. and Japan launched a joint intervention to boost the yen after the currency fell to a 40-year low...
ABA DataBank: Employment cools in July
Despite the unemployment rate remaining relatively low, a moderation in labor market conditions could lead to a broader cooling in...
Mortgage rates mixed
The rate for a 30-year fixed-rate mortgage was 6.69% this week. The rate for a 15-year fixed-rate mortgage was 6.01%.
ADP: 44,000 jobs added in July
The non-farm private sector added 44,000 jobs in July, and annual pay was up 4.4% year-over-year, according to the ADP National Employment...
ABA DataBank: ISM Services Index inched up in July
ABA economists believe that despite the higher July topline index, lower employment activity and continued cost pressures in the services sector...
