ISM Manufacturing Increases in November
The ISM Manufacturing Index registered 61.1 points in November, 0.3 percentage point higher than the…
The ISM Manufacturing Index registered 61.1 points in November, 0.3 percentage point higher than the…
Construction spending was at a seasonally adjusted annual rate of $1,598.0 billion in October, 0.2%…
The non-farm private sector gained 534,000 jobs in November, according to the ADP National Employment…
FDIC-insured banks and savings institutions earned $69.5 billion in the third quarter of 2021, a 35.9% increase from a year before, the FDIC reported today in its Quarterly Banking Profile.
Federal Reserve Chairman Jerome Powell told members of the Senate Banking Committee today that “the banking system is strong,” and that while “there are some issues to address in the capital markets, I wouldn’t say they rise to the level of grave systemic importance.” He did flag cyber risk as a key threat to financial stability.
Paycheck Protection Program lending helped to soften the effects of the pandemic-related recession on state-level employment growth, and had “significant” benefits overall, the Federal Reserve Bank of Cleveland concluded in a new research brief last week.
Federal Open Market Committee members said that they see the current elevated level of inflation as transitory but that it could take longer to subside than they had previously assessed.
Consumer Sentiment was 67.4 in November according to the University of Michigan Consumer Sentiment Index.…
New single-family home sales rose to a seasonally adjusted annual rate of 745,000 in October,…
Consumer credit demand sharply rebounded in 2021, with most credit application rates rising and returning to 2019 levels, according to the Federal Reserve Bank of New York’s latest Credit Access Survey released today.