New immigration data sheds light on areas of the economy that continue to perplex economists
Explaining the surprising strength of consumer spending, the engine of economic growth.
Tag: Economy
ABA Data Bank: EAC forecasts recovering GDP growth and receding inflation
The ABA Economic Advisory Committee forecasts real GDP growth gradually returning to 2% and inflation falling to the Fed’s 2% ...
Economic Outlook: Have more small businesses truly turned their backs on loans?
We may soon find that businesses were simply keeping their powder dry for a more favorable rate environment.
Research roundup: ABA holds policymakers accountable with independent analyses of key banking issues
As banks battle against a rising tide of regulation, ABA's policy and research teams are dedicated to arming bankers and ...
The implications of quantitative tightening for bank reserves
Do we take the FOMC at its word or focus on the Fed's repo borrowing program?
Fourth quarter GDP (Second Estimate) increases 3.2%
Real gross domestic product increased at an annual rate of 3.2% in the fourth quarter of 2023, according to the ...
U.S. international trade deficit increases in December
The international trade deficit was $62.2 billion in December, up from $61.3 billion in November, the Commerce Department announced.
ISM: Service sector expanded in January
The ISM nonmanufacturing index increased 2.9% from the prior month to land at 53.4% in January, the Institute for Supply ...
FOMC minutes signal rates may have peaked
Federal Open Market Committee members were unanimous in their decision to hold interest rates steady at 5.25 to 5.5% at ...
ABA Data Bank: Consumers expect to spend more on gifts in 2023
U.S. consumers plan to spend an average of $654 on holiday gifts this holiday season, up from $613 in 2022. ...
