The Fine Art of Banking and Leadership
Scott Anderson, a consummate behind-the-scenes leader, steps into the spotlight as ABA’s 2021-22 chair.
Economy
Home Builder Confidence Increases in October
The National Association of Home Builders/Wells Fargo Housing Market Index increased to 80 in October. “Although demand and home sales...
Industrial Production Decreases in September
Industrial production decreased 1.3% in September after moving down 0.1% in August. Total industrial production in September was 4.6% higher...
ABA Data Bank: Energy Bills Forecast to Rise this Winter
The Energy Information Administration has forecast that U.S. households will spend more money on energy this winter, especially those relying...
Retail Sales Increase in September
There were $625.4 billion in retail and food service sales in September, an increase of 0.7% from the previous month,...
Consumer Delinquencies Decline to Record Low in Second Quarter of 2021
Consumer credit delinquencies fell to a record low in the second quarter of 2021 as the economy continued to rebound,...
Producer Prices Rose 0.5% in September
The Producer Price Index for final demand increased 0.5% in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported...
FOMC: Asset Purchase Tapering Could Start in November, December
Federal Open Market Committee members said that if they decide to start tapering asset purchases at their next meeting, the...
Consumer Prices Rise in September
The Consumer Price Index increased 0.4% in September on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
Small Business Optimism Decreases in September
The NFIB Small Business Optimism Index decreased 1.0 point in September, measuring 99.1. The Uncertainty Index increased 5 points to...
