
ABA Data Bank: Airline traffic nearing pre-pandemic levels
Nearly 2.34 million people traveled through a TSA checkpoint in the U.S. on April 14, up 56.7% year-over-year.
Nearly 2.34 million people traveled through a TSA checkpoint in the U.S. on April 14, up 56.7% year-over-year.
A seasonally adjusted net 20.0% of owners plan to create new jobs, up 1 point…
The Consumer Price Index increased 1.2% in March on a seasonally adjusted basis, according to…
The Producer Price Index for final demand increased 1.4% in March, seasonally adjusted, the U.S.…
It’s National Financial Literacy Month, but on the latest episode of the ABA Banking Journal Podcast, the Wall Street Journal’s Matthew Hennessey digs into the literacy that undergirds financial literacy: the basics of economic decision-making, from prices and markets to preferences and specialization.
Consumers expect an uptick in short-term inflation, but longer-term decline, according to the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations. Respondents also weighed in on the labor market expectations, income growth and household financials in the year ahead.
The Manheim Used Vehicle Value Index decreased 7.8 points in March to 223.5, the biggest drop in used car prices since April 2020.
Top economists from the largest U.S. banks expect credit market conditions to weaken amid high inflation, according to the American Bankers Association’s Credit Conditions Outlook released today.
The nation’s debt-to-GDP ratio should be a greater cause for concern for the nation’s policymakers than the current inflation situation, ABA President and CEO Rob Nichols told attendees at a local chamber of commerce meeting in Rhode Island.
Federal Open Market Committee members said monthly reductions in securities holdings should be capped at about $60 billion for Treasury securities and about $35 billion for mortgage backed securities.