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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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 -
The Treasury Department announced it will sell $15 billion 30-year bonds, $23 billion 10-year notes, and $24 billion 3-year notes in its quarterly refunding.
November 2 -
Private-sector employment increased by 147,000 in October, on a seasonally adjusted basis, ADP estimated Wednesday.
November 2 -
Texas service sector activity "increased in October albeit at a slightly slower pace than in September," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slipped to 9.9 from 13.0.
November 1 -
The overall economy grew for the eighty-ninth straight time, while the manufacturing sector expanded for the second consecutive month, the Institute for Supply Management reported Tuesday.
November 1 -
Texas factory activity, as measured by the production index, "activity increased again in October," according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.
October 31 -
The Chicago Purchasing Managers' Business Barometer fell to 50.6 in October from 54.2 in September, "suggesting economic activity in the US lost some momentum having picked up in Q3," the National Association of Purchasing Management-Chicago said Friday.
October 31 -
The seasonally adjusted Milwaukee Report on Business was at 47.46 in October, the Institute for Supply Management-Milwaukee reported Monday.
October 31 -
The Midwest Economy Index fell to negative 0.10 in September from a revised negative 0.08 in August, first reported as negative 0.04, the Federal Reserve Bank of Chicago said Monday.
October 31 -
The University of Michigan's final October consumer sentiment index reading was 87.2, compared to the preliminary October 87.9, and the final September 91.2, according to market sources.
October 28 -
Manufacturing activity in the Federal Reserve Bank of Kansas City's region "expanded again at a moderate pace" in October, according to the bank's monthly manufacturing survey, released Thursday.
October 27
