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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Existing home sales grew 1.1% to a seasonally adjusted 5. 75 million-unit rate in June from a downwardly revised 5.51 million sales pace the previous month, the National Association of Realtors announced Thursday.
By Gary SiegelJuly 21 -
The Chicago Fed National Activity Index for June climbed to positive 0.16 from negative 0.56 in May, while the three-month moving average (CFNAI-MA3) narrowed to negative 0.12 from negative 0.39 in May, the Federal Reserve Bank of Chicago reported Thursday.
By Gary SiegelJuly 21 -
The region's manufacturing sector contracted in July, as the general business conditions index slipped to negative 2.9 from positive 4.7 in June, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.
By Gary SiegelJuly 21 -
Builders' confidence in the market for new single-family homes was down marginally as the National Association of Home Builders' housing market index slid to 59 in July from 60 in June.
By Gary SiegelJuly 18 -
The New York region's service sector activity "expanded modestly," according to the Federal Reserve Bank of New York's July Business Leaders Survey, released Monday.
By Gary SiegelJuly 18 -
The University of Michigan's preliminary July consumer sentiment index reading was 89.5, compared to the final June 93.5, according to market sources.
By Gary SiegelJuly 15 -
Industrial production surged 0.6% in June, the Federal Reserve reported Friday.
By Gary SiegelJuly 15 -
The Empire State Manufacturing Survey showed "business activity flattened out for New York manufacturers," the Federal Reserve Bank of New York reported Friday, as the general business conditions index slipped to 0.55 in July from 6.01 in June.
By Gary SiegelJuly 15 -
The Federal Reserve must exercise patience while the Brexit fallout settles, Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis Lockhart said Thursday.
By Gary SiegelJuly 14 -
The federal government ran a $6.3 billion surplus in June, the Treasury Department reported Wednesday.
By Gary SiegelJuly 13 -
Modest expansion was reported by most of the 12 Federal Reserve Districts, according to the latest beige Book report, released Wednesday.
By Gary SiegelJuly 13 -
Labor market conditions were "little changed, while momentum accelerated modestly," as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) increased to positive 0.015 in June from a revised negative 0.01 in May, according to the Bank.
By Gary SiegelJuly 13 -
Consumers decreased their expectations for one-year inflation but lifted their projections for three years out, according to the June Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
By Gary SiegelJuly 11 -
The Conference Board's Employment Trends Index (ETI) gained to 128.13 in June from a downwardly revised 126.42 in May, and is up 1.8% from a year ago, the group announced Monday.
By Gary SiegelJuly 11 -
Consumer credit increased by $18.6 billion in May to $3.624 trillion, the Federal Reserve reported Friday.
By Gary SiegelJuly 8 -
U.S. inflationary pressures were up in June, as the U.S. future inflation gauge gained to 111.4 from a revised 110.5 reading in May, according to data released Friday morning by the Economic Cycle Research Institute.
By Gary SiegelJuly 8 -
Newly issued Treasury securities held in stripped form increased about $7.389 billion in June to a total of $223.101 billion, the Bureau of the Public Debt reported Thursday.
By Gary SiegelJuly 7 -
Federal Reserve officials wanted to have more information before raising rates, and also see what happened with the Brexit vote, according to minutes of the Federal Open Market Committee meeting June 14-15.
By Gary SiegelJuly 6 -
The U.S. services sector expanded at a faster pace in June as the non-manufacturing business activity composite index was 56.5 in the month, compared to 52.9 in May, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.
By Gary SiegelJuly 6 -
About 4,657,500 online job postings appeared on leading internet job boards in June, a decrease of 226,700 from May, the Conference Board reported Wednesday.
By Gary SiegelJuly 6
