Gary Siegel

The New York region's service sector activity "continued to grow at a healthy pace," according to the Federal Reserve Bank of New York's December Business Leaders Survey.

Concern that “persistent factors” rather than “transitory ones” could be keeping inflation low pushed Federal Reserve Bank of Chicago President Charles L. Evans to dissent on the Federal Open Market Committee vote on the federal funds rate Wednesday.

Industrial production grew 0.2% in November, the Federal Reserve reported Friday.

The Empire State Manufacturing Survey showed "business activity continued to grow at a solid clip in New York State."

A gradual path of rate increases is likely to remain warranted, Federal Reserve Board Chair Janet Yellen reiterated Wednesday, noting that she is “personally concerned” about U.S. debt level.

The Federal Open Market Committee raised the federal funds target rate 25 basis points to a range of 1.25% to 1.50%, the Fed announced Wednesday.

Consumer credit increased by $20.5 billion in October to $3.802 trillion, the Federal Reserve reported Thursday.

The Treasury Department said Thursday it will auction $45 billion 91-day bills and $39 billion 182-day discount bills Monday.

Newly issued Treasury securities held in stripped form decreased about $2.785 billion in November to a total of $260.584 billion.

About 4,700,900 online job postings appeared on leading internet job boards in November, an increase of 137,100 from October.

Private-sector employment increased by 190,000 in November, on a seasonally adjusted basis, ADP estimated Wednesday.

The New York economy is expanding with “across the board increases,” and employment at its best level in more than two years, the Institute for Supply Management-New York’s Report on Business index, released Monday, indicated.

The overall economy grew for the 102nd straight time, the Institute for Supply Management reported Wednesday. Suppliers reported strength in sales.

If the Federal Reserve continues to raise the federal funds rate target, it risks inverting the yield curve, often seen as a precursor to recession, Federal Reserve Bank of St. Louis President James Bullard said Friday.

The Treasury Department said Thursday it will auction $42 billion 91-day bills and $36 billion 182-day discount bills Monday.

The seasonally adjusted Milwaukee Report on Business decreased to 59.62 in November from 63.61 in October.

The Midwest Economy Index remained at a revised negative 0.12 in October, the Federal Reserve Bank of Chicago said Thursday.

Pending home sales rose 3.5% to an index reading of 109.3 in October, from a downwardly revised 105.6 in September, a 0.4% drop, according to a report released Wednesday by the National Association of Realtors.

The Treasury Department auctioned $28 billion of seven-year notes, with a 2 1/8% coupon and a 2.230% high yield, a price of 99.806914.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 1.170% high yield, a price of 99.909000.