Gary Siegel is a journalist with more than 35 years of experience. He started his professional career at the Long Island Journal newspapers based in Long Beach, N.Y., working his way up from reporter to Assistant Managing Editor. Siegel also worked for Prentice-Hall in Paramus, N.J., covering human resources issues. Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.
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The New York region's service sector activity "declined for a fourth consecutive month," according to the Federal Reserve Bank of New York's November Business Leaders Survey, released Wednesday.
November 16 -
The Empire State Manufacturing Survey showed "business activity stabilized in New York State," the Federal Reserve Bank of New York reported Tuesday, as the general business conditions index reversed to positive 1.5 in November from negative 6.8 in October.
November 15 -
Without "significant negative economic news" before then, the Federal Open Market Committee is on track for a December rate hike, Federal Reserve Bank of Boston President Eric Rosengren said Tuesday.
November 15 -
Consumer expectations were little changed in October, according to the Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
November 14 -
The University of Michigan's preliminary November consumer sentiment index reading was 91.6, compared to the final October 87.2 and the preliminary October 87.9, according to market sources.
November 11 -
The dual mandate has nearly been achieved and while there is a "quite strong" case for increasing the fed funds rate, the future is uncertain and there is no "preset" plan for monetary policy, Federal Reserve Vice Chair Stanley Fischer said Friday.
November 11 -
Labor market conditions "increased modestly and momentum remained high in October," as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) gained to 0.12 in October from a revised 0.08 in September, first reported as 0.11, according to the Bank.
November 9 -
The largest proposition on ballots, a $9 billion California statewide measure that provides school districts, community college districts and charter schools with matching state funds for school construction, appears to have been approved, while Golden State voters were nearly split on the proposal to require a vote if the state wants to issue more than $2 billion of revenue bonds.
November 9 -
Consumer credit increased by $19.3 billion in September to $3.687 trillion, the Federal Reserve reported Monday.
November 7 -
Standards for commercial and industrial loans were "basically unchanged" in the third quarter of 2016, while standards for commercial real estate loans were tightened, according to the Fed's senior loan officer opinion survey, released Monday.
November 7 -
Despite having predicted four federal funds rate hikes this year, and to date having delivered none, the Fed is not behind the curve on rates, according to a Federal Reserve Bank of San Francisco Economic Letter released Monday.
November 7 -
About $70.3 billion of bond referenda are on ballots across the nation on Nov. 8, the largest total since 2006, with the lion's share coming from the state of California, a staggering $41.72 billion, according to Ipreo data.
November 7 -
The Federal Reserve's Labor Market Conditions Index, a compilation of 19 labor market measures, rose to positive 0.7 in October from negative 0.1 in September.
November 7 -
The Conference Board's Employment Trends Index (ETI) grew to 128.97 in October from a downwardly revised 128.29 in September, and is up 1.0% from a year ago, the group announced Monday.
November 7 -
Newly issued Treasury securities held in stripped form increased about $4.692 billion in October to a total of $229.637 billion, the Bureau of the Public Debt reported Friday.
November 4 -
U.S. inflationary pressures were up in October, as the U.S. future inflation gauge gained to 113.7 from an upwardly revised 113.2 reading in September, first reported as 113.1, according to data released Friday morning by the Economic Cycle Research Institute.
November 4 -
While not predicting when he expected the Federal Open Market Committee to raise the fed funds rate target, Federal Reserve Bank of Atlanta President Dennis Lockhart said Friday increases are not "preprogrammed" and will be decided on data available at each meeting.
November 4 -
The U.S. services sector climbed in October as the non-manufacturing business activity composite index was 54.8 in the month, compared to 57.1 in September, on a seasonally adjusted basis, the Institute for Supply Management reported Thursday.
November 3 -
The Federal Open Market Committee held the fed funds rate target at 0.25% to 0.50% at its latest meeting, according to the statement released after its two-day meeting concluded Wednesday.
November 2 -
New York City business activity "held steady for the second month in a row, and employment returned to a neutral level after the sharp drop seen in September," the Institute for Supply Management-New York's Report on Business index, released Wednesday, indicated.
November 2
