ABA’s Nichols Discusses COVID-19 Response, Economic Outlook in Podcast
American Bankers Association President and CEO Rob Nichols today said the banking sector is “well-positioned”…
Browsing: Economy
Industrial Production Rises Slightly in August
Industrial production increased 0.4% in August after rising 3.5% in July. Industrial production remains 7.3%…
Fed Survey: Consumer Spending Expectations Little Changed
Americans’ expectations for how much more they will spend in the next year held steady at 3.0% in August from the prior month, according to the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations released today.
Consumer Prices Rise Slightly in August
The Consumer Price Index increased 0.4% in August on a seasonally adjusted basis, according to…
Producer Prices Rose 0.3 percent in August
The Producer Price Index for final demand rose 0.3% in August, seasonally adjusted, according to…
Consumer Credit Growth Picked Up in August
Consumer credit increased at a seasonally adjusted annual rate of 3.6% in July according to…
Small Business Optimism Rebounds in August
The NFIB Small Business Optimism Index increased 1.4 points in August to 100.2, slightly above…
Unemployment Falls to 8.4%, 1.4 Million Jobs Gained in August
Total nonfarm payroll employment rose by 1.4 million in August, according to the Bureau of…
ISM: Non-Manufacturing Sector Growth Continues in August
The ISM Services Index (formerly non-manufacturing sector) grew in August for the third consecutive month.…
U.S. International Trade Balance Widened in July
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the…