Consumer credit increases in September
Consumer credit increased at a seasonally adjusted annual rate of 6.8% in the third quarter and 6.4% in August. Total...
Economy
ISM: Service sector expands in October
The ISM Services Index registered 54.4%; 2.3 percentage points lower than September’s reading of 56.7%. This reading represents the 29th...
261,000 jobs added in October, unemployment rate at 3.7%
Total nonfarm payroll employment rose by 261,000 in October, according to the Bureau of Labor Statistics. Total unemployed persons edged...
U.S. international trade deficit increases in September
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
New orders for manufactured goods increased in September
New orders for manufactured goods in September, up eleven of the last twelve months, increased $1.5 billion or 0.3% to...
ABA survey: Ag lenders cite interest rate volatility as top concern
Forty-nine percent ranked interest rate volatility among their top two concerns, up 35.5 percentage points from last year.
Podcast: What corporate CFOs can tell us about the direction of the economy
For U.S. businesses, lagging indicators may be at odds with leading indicators like business sentiment. "The headlines we see in...
FED Raises rates by 0.75 basis points
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In...
ADP: 239,000 jobs gained in October
The non-farm private sector gained 239,000 jobs in October, according to the ADP National Employment Report. This follows a revised...
ISM Manufacturing contracts in October
The ISM Manufacturing Index registered 50.2% in October; 0.7 points lower than September’s reading of 50.9%. This figure indicates the...
