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 consumer confidence index increased to 101.1 in August from a revised 96.7 last month, The Conference Board reported Tuesday.
By Gary SiegelAugust 30 -
Using Congressional Budget Office estimates for gross domestic product suggests that for the next decade the natural rate of interest, also known as r-star, will be around 1%, according to a Federal Reserve Bank of San Francisco research adviser.
By Gary SiegelAugust 29 -
Texas factory activity, as measured by the production index, "activity increased in August," according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.
By Gary SiegelAugust 29 -
The University of Michigan's final August consumer sentiment index reading was 89.8, compared to the preliminary August 90.4 and the final July 90.0, according to market sources.
By Gary SiegelAugust 26 -
Economic indicators show the case for raising the federal funds target rate has "strengthened" recently, but there is no preset course for hikes, Federal Reserve Board Chair Janet Yellen said Friday.
By Gary SiegelAugust 26 -
Service sector activity "moderated in August," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.
By Gary SiegelAugust 23 -
Manufacturing activity in the central Atlantic region "declined in August," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, although the manufacturing index reversed to negative 10 in August from positive 10 in July.
By Gary SiegelAugust 23 -
The region's non-manufacturing sector "continued to expand at a steady pace" in August, although the general business conditions index declined to 24.8 from 28.8 in July, this month's Federal Reserve Bank of Philadelphia Report on Business, released Tuesday, indicates.
By Gary SiegelAugust 23 -
The Chicago Fed National Activity Index for July climbed to 0.27 from a downwardly revised 0.05 in June, first reported as 0.16, while the three-month moving average (CFNAI-MA3) narrowed to negative 0.10 from a revised negative 0.19 in June, first reported as negative 0.12 the Federal Reserve Bank of Chicago reported Monday.
By Gary SiegelAugust 22 -
The time has come for the Federal Open Market Committee to resume raising rates, Federal Reserve Bank of San Francisco President John Williams said Thursday.
By Gary SiegelAugust 18 -
The composite index of Leading Economic Indicators was up 0.4% in July following an unrevised 0.3% gain in June, the Conference Board reported Thursday.
By Gary SiegelAugust 18 -
The region's manufacturing sector expanded in August, as the general business conditions index reversed to positive 2.0 from negative 2.9 in July, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.
By Gary SiegelAugust 18 -
The minutes from the Federal Open Market Committee's latest meeting show a somewhat divided panel, with some voters seeing the need for a rate increase soon, while others want more evidence that inflation will rise.
By Gary SiegelAugust 17 -
Conditions may allow for at least one rate increase this year, if projections are correct, Federal Reserve Bank of Atlanta President Dennis Lockhart said Tuesday.
By Gary SiegelAugust 16 -
Industrial production surged 0.7% in July, the Federal Reserve reported Tuesday.
By Gary SiegelAugust 16 -
The New York region's service sector activity "declined significantly," according to the Federal Reserve Bank of New York's August Business Leaders Survey, released Tuesday.
By Gary SiegelAugust 16 -
Builders' confidence in the market for new single-family homes was higher as the National Association of Home Builders' housing market index rose to 60 in August from a downwardly revised 58 in July.
By Gary SiegelAugust 15 -
The Empire State Manufacturing Survey showed "business activity in New York State declined slightly this month," the Federal Reserve Bank of New York reported Monday, as the general business conditions index slipped to negative 4.21 in August from positive 0.55 in July.
By Gary SiegelAugust 15 -
The University of Michigan's preliminary August consumer sentiment index reading was 90.4, compared to the final July 90.0, and the preliminary July 89.5, according to market sources
By Gary SiegelAugust 12 -
Labor market conditions were "little changed and momentum remained high in July," as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) increased to 0.041 in July from a revised 0.027 in June, first reported as 0.015, according to the Bank.
By Gary SiegelAugust 11

