New orders for manufactured durable goods increase in April
New orders for manufactured durable goods in April increased $1.2 billion or 0.4% to $265.3 billion, the U.S. Census Bureau...
Economy
FDIC: Increase in provision expense drives bank net income down
FDIC-insured banks and savings associations earned $59.7 billion in the first quarter of 2022, a 22.2% decrease from the year...
New home sales fall in April
New single-family home sales fell to a seasonally adjusted annual rate of 591,000 in April, according to the U.S. Census...
Fed survey: Americans’ financial well-being improves in 2021
Nearly 8 in 10 U.S. households surveyed in late 2021 said they were “doing OK” or “living comfortably,” according to...
FDIC lookback: banking conditions improved in 2021
The FDIC today said that the banking environment improved in 2021 as the economy recovered from a period of economic...
ABA Data Bank: Real rates remain deeply negative in US, EU
Despite the Fed tightening monetary policy—increasing the fed funds rate 75 basis points—real rates* remained deeply negative at the end...
Existing home sales decrease in April
Existing-home sales fell 2.4% in April to a seasonally adjusted annual rate of 5.61 million, according to the National Association...
Housing starts decrease in April
Housing starts were at a seasonally adjusted annual rate of 1.724 million in April, according to the U.S. Census Bureau....
Retail sales increase in April
There were $677.7 billion in retail and food service sales in April, an increase of 0.9% from the previous month,...
Home builder confidence falls in May
The National Association of Home Builders/Wells Fargo Housing Market Index decreased eight points to 77 in May. This is the...
