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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Initial jobless claims rose 1,000 to 260,000 in the week ended Sept. 10, the Labor Department said Thursday.
By Gary SiegelSeptember 15 -
The Empire State Manufacturing Survey showed "business activity edged lower in New York State," the Federal Reserve Bank of New York reported Thursday, as the general business conditions index narrowed to negative 1.99 in September from negative 4.21 in August.
By Gary SiegelSeptember 15 -
The federal government ran a $107.1 billion deficit in August, the Treasury Department reported Tuesday.
By Gary SiegelSeptember 13 -
Although the economy has made progress, inflation still remains below target, which gives the Federal Reserve time to wait before raising rates, Fed Governor Lael Brainard said Monday.
By Gary SiegelSeptember 12 -
Consumers increased their expectations for inflation, according to the August Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
By Gary SiegelSeptember 12 -
While refusing to opine on the remaining Federal Open Market Committee meetings for the year, Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis Lockhart Monday urged the panel engage in a "serious discussion" of a rate hike.
By Gary SiegelSeptember 12 -
The Federal Reserve should wait to see more evidence of sustained inflation before raising rates Federal Reserve Board Governor Daniel Tarullo said Friday.
By Gary SiegelSeptember 9 -
Despite low gross domestic product growth, and without offering a timetable, Federal Reserve Bank of Boston President & Chief Executive Officer Eric S. Rosengren Friday called for gradual interest rate hikes.
By Gary SiegelSeptember 9 -
Consumer credit increased by $17.7 billion in July to $3.661 trillion, the Federal Reserve reported Thursday.
By Gary SiegelSeptember 8 -
Labor market conditions were "little changed and momentum remained high in August," as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) remained at 0.09 in August from a revised 0.09 in July, first reported as 0.041, according to the Bank.
By Gary SiegelSeptember 8 -
The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.
By Gary SiegelSeptember 8 -
Newly issued Treasury securities held in stripped form increased about $768 million in August to a total of $223.442 billion, the Bureau of the Public Debt reported Wednesday.
By Gary SiegelSeptember 7 -
The economy continued to expand modestly, although some districts reported slower growth or no change in activity, according to the latest Beige Book report, released by the Federal Reserve Wednesday.
By Gary SiegelSeptember 7 -
The Federal Reserve's Labor Market Conditions Index, a compilation of 19 labor market measures, fell to negative 0.7 in August from a revised positive 1.3 in July, first reported as positive 1.0.
By Gary SiegelSeptember 6 -
The Conference Board's Employment Trends Index (ETI) fell to 128.02 in August from an upwardly revised 128.44 in July, and is up 0.8% from a year ago, the group announced Tuesday.
By Gary SiegelSeptember 6 -
The U.S. services sector dropped in August as the non-manufacturing business activity composite index was 51.4 in the month, compared to 55.5 in July, on a seasonally adjusted basis, the Institute for Supply Management reported Tuesday.
By Gary SiegelSeptember 6 -
New York City business activity "eased in August after a seven month high in July," although the current business conditions index dropped to 47.5 in August from 60.7 in July, the Institute for Supply Management-New York's Report on Business index, released Friday, indicated.
By Gary SiegelSeptember 2 -
U.S. inflationary pressures were down in August, as the U.S. future inflation gauge declined to 112.6 from an upwardly revised 113.0 reading in July, first reported as 112.6, according to data released Friday morning by the Economic Cycle Research Institute.
By Gary SiegelSeptember 2 -
The overall economy grew for the eighty-seventh straight time, while the manufacturing sector contracted after five months of expansion, the Institute for Supply Management reported Thursday.
By Gary SiegelSeptember 1 -
About 4,816,100 online job postings appeared on leading internet job boards in August, an increase of 1,900 from July, the Conference Board reported Wednesday.
By Gary SiegelAugust 31
