New Home Sales Fall in January
New single-family home sales fell to a seasonally adjusted annual rate of 801,000 in January, according to the U.S. Census...
Economy
Fed’s Bowman ‘Struggles’ to See CBDC Use Case
While the Federal Reserve seeks public comment on the benefits and risks of creating a central bank digital currency, Fed...
Existing Home Sales Increase in January
Existing-home sales rose 6.7% in January to a seasonally adjusted annual rate of 6.5 million, according to the National Association...
N.Y. Fed’s Williams Signals Rate Increases at Next Fed Meeting
In remarks at an industry event today, Federal Reserve Bank of New York President and CEO John Williams signaled that...
Housing Starts Increase in January
Housing starts were at a seasonally adjusted annual rate of 1.64 million in January, according to the U.S. Census Bureau....
FOMC: Robust Economic Growth Likely to Follow Quick Passing of Omicron
If the omicron wave of the COVID-19 pandemic dissipates quickly, economic activity will likely strengthen rapidly and economic growth will...
Home Builder Confidence Falls in February
The National Association of Home Builders/Wells Fargo Housing Market Index decreased one point to 82 in February. “Production disruptions are...
Industrial Production Increases in January
Industrial production increased 1.4% in January after declining 0.1% in December. Total industrial production in January was 4.1% higher than...
U.S. International Trade Balance Grows in December
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
Producer Prices Rose 1.0% in January
The Producer Price Index for final demand increased 1.0% in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported...
