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.
-
Pending home sales decreased 3.7% to an index reading of 110.8 in May, after a revised 3.9% gain to 115.0 in April, according to a report released Wednesday by the National Association of Realtors.
June 29 -
Texas service sector activity "picked up in June," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index rose to 15.6 from 5.8.
June 28 -
Service sector activity "softened in June compared to the previous month," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.
June 28 -
Manufacturing activity in the central Atlantic region "weakened in June," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, although the manufacturing index slipped to negative 7 in June from negative 1 in May.
June 28 -
The consumer confidence index increased to 98.0 in June from a revised 92.4 last month, The Conference Board reported Tuesday.
June 28 -
Texas factory activity, as measured by the production index, "declined again in June," according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.
June 27 -
The federal government ran a $52.5 billion deficit in May, the Treasury Department reported Friday.
June 10 -
The University of Michigan's preliminary June consumer sentiment index reading was 94.3, compared to the final May 94.7, according to market sources.
June 10 -
Labor market conditions were "little changed in May, while momentum increased," as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) decreased to 0.056 in April from a revised 0.060 in April, first reported as 0.050, according to the Bank.
June 9 -
Lower gross domestic product growth and higher unemployment are predicted by participants in the Federal Reserve Bank of Philadelphia's June Livingston Survey, released Wednesday.
June 8 -
Consumer credit increased by $13.4 billion in April to $3.602 trillion, the Federal Reserve reported Tuesday.
June 7 -
Newly issued Treasury securities held in stripped form decreased about $153 million in May to a total of $215.712 billion, the Bureau of the Public Debt reported Monday.
June 6 -
With a "largely favorable" view of the economy, despite "recent signs of a slowdown in job creation [that] bear close watching" and inherent uncertainty, Federal Reserve Board Chair Janet Yellen said Monday, monetary policy is currently "generally appropriate," but hikes will be needed "gradually over time."
June 6 -
The Federal Reserve's Labor Market Conditions Index, a compilation of 19 labor market measures, fell to negative 4.8 in May from a revised negative 3.4 in April, first reported as negative 0.9.
June 6 -
The Conference Board's Employment Trends Index (ETI) declined to 126.81 in May from an upwardly revised 128.53 in April, and is up 0.7% from a year ago, the group announced Monday.
June 6 -
Economic growth will slow this year before picking up next year, while inflation will increase this year before hitting the Fed's 2% target next year, according to predictions by participants in the Federal Reserve Bank of Chicago's annual Automotive Outlook Symposium, released Monday.
June 6 -
With mixed economic signals, and downside risks, it would be "prudent" for the Federal Open Market Committee to hold off raising the fed funds rate target, Federal Reserve Board Governor Lael Brainard said Friday, adding, the current rate may be closer to neutral than previously believed.
June 3 -
The U.S. services sector expanded at a slower pace in May as the non-manufacturing business activity composite index was 52.9 in the month, compared to 55.7 in April, on a seasonally adjusted basis, the Institute for Supply Management reported Friday.
June 3 -
U.S. inflationary pressures were up in May, as the U.S. future inflation gauge gained to 110.1 from a 108.1 reading in April, according to data released Friday morning by the Economic Cycle Research Institute.
June 3 -
Most households see housing as a good financial investment despite a slight drop in home price growth expectations, according to the Federal Reserve Bank of New York's Survey of Consumer Expectations Housing Survey.
June 2
