Small Business Optimism Increases in December
The NFIB Small Business Optimism Index increased 0.5 point in December, measuring 98.9. A seasonally adjusted net 28.0% of owners...
Economy
ABA Data Bank: Strong Demand, Slowing Inflation, Improved Delivery Times Signal Easing Supply Constraints
The ISM Manufacturing Index remained in expansionary territory in December, continuing to reflect strong demand. The largest decrease in the...
Consumer Credit Increases in November
In November, consumer credit increased at a seasonally adjusted annual rate of 11.0%. Revolving credit increased at an annual rate...
199,000 Jobs Added in December, Unemployment Rate at 3.9%
Total nonfarm payroll employment rose by 199,000 in December, according to the Bureau of Labor Statistics. Total unemployed persons fell...
New Orders for Manufactured Goods Increase in November
New orders for manufactured goods in November, up eighteen of the last nineteen months, increased $8.4 billion or 1.6% to...
ISM: Service Sector Growth Continues in December
The ISM Services Index registered 62.0% in December; 7.1 percentage points below the November reading of 69.1%. This reading represents...
U.S. International Trade Balance Grows in November
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was...
FOMC: Higher Inflation, Labor Developments Spurred Asset Purchase Tapering
In light of elevated inflation pressures and further improvements in the labor market, Federal Open Market Committee members decided in...
ADP: 807,000 Jobs Gained in December
The non-farm private sector gained 807,000 jobs in December, according to the ADP National Employment Report. This follows a revised...
Survey: Four in 10 Businesses Expect Credit Needs to Rise in 2022
Despite uncertainty related to COVID-19, four in 10 businesses say they expect their credit needs to increase in 2022, according...
