The Community Bank Sentiment Index, an outgrowth of a yearly survey conducted by the Conference of State Bank Supervisors, is intended to bring attention to market conditions and how they affect small banks' growth prospects. ... Read full article
Home prices rose 6.2% on an annual basis in June, not seasonally adjusted, down from a 6.4% gain in May. ... Read full article
As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy. ... Read full article
The central bank's survey of loan officers said banks are easing their credit standards for commercial and industrial loans as competition heats up. ... Read full article
Private-sector employment increased by 235,000 in February, on a seasonally adjusted basis, ADP estimated Wednesday. ... Read full article
The U.S. international trade gap widened to $56.6 billion in January. ... Read full article
Fourth quarter nonfarm productivity was revised up slightly to a flat reading, but more importantly unit labor costs growth was revised solidly higher to a 2.5% pace. ... Read full article
The Office of the Comptroller of the Currency’s semiannual report on industry risk said tougher competition between banks, leading to looser underwriting, could arise from the economic expansion. ... Read full article
The Federal Reserve’s beige book survey indicates the economy is expanding as household loan demand declines. ... Read full article
In its regular Beige Book report, the Federal Reserve said that despite high consumer confidence, economic vital signs remain mixed. ... Read full article
The good news: SBA lending is going gangbusters and business owners are optimistic about growth prospects and their ability to access credit. The not-so-good news: Many firms are still not particularly interested in borrowing and startups are not the ... Read full article
