Retail sales increase in March
There were $665.7 billion in retail and food service sales in March, an increase of 0.5% from the previous month,...
Economy
Biden taps Michael Barr to be Fed vice chairman for supervision
President Biden on Friday announced that he will nominate Michael Barr to serve as the next vice chairman for supervision...
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.
The NFIB Small Business Optimism Index decreased 2.4 points in March, measuring 93.2.
A seasonally adjusted net 20.0% of owners plan to create new jobs, up 1 point from the previous month. The...
Consumer Prices Rise in March
The Consumer Price Index increased 1.2% in March on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
Producer Prices Rose 1.4% in March
The Producer Price Index for final demand increased 1.4% in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported...
Podcast: The economic realities underneath every ordinary decision
It's National Financial Literacy Month, but on the latest episode of the ABA Banking Journal Podcast, the Wall Street Journal's...
N.Y. Fed survey: Consumers bearish on short-term inflation and long-term income prospects
Consumers expect an uptick in short-term inflation, but longer-term decline, according to the Federal Reserve Bank of New York’s monthly...
ABA Data Bank: Used car index shows largest monthly decline in 23 months
The Manheim Used Vehicle Value Index decreased 7.8 points in March to 223.5, the biggest drop in used car prices...
ABA report: Credit market expected to weaken on high inflation
Top economists from the largest U.S. banks expect credit market conditions to weaken amid high inflation, according to the American...
