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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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.
By Gary SiegelJune 27 -
The federal government ran a $52.5 billion deficit in May, the Treasury Department reported Friday.
By Gary SiegelJune 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.
By Gary SiegelJune 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.
By Gary SiegelJune 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.
By Gary SiegelJune 8 -
Consumer credit increased by $13.4 billion in April to $3.602 trillion, the Federal Reserve reported Tuesday.
By Gary SiegelJune 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.
By Gary SiegelJune 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."
By Gary SiegelJune 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.
By Gary SiegelJune 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.
By Gary SiegelJune 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.
By Gary SiegelJune 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.
By Gary SiegelJune 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.
By Gary SiegelJune 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.
By Gary SiegelJune 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.
By Gary SiegelJune 2 -
New York City business activity "contracted at the fastest pace in seven years," as the current business conditions index fell to 37.2 in May from 57.0 in April, the Institute for Supply Management-New York's Report on Business index, released Thursday, indicated.
By Gary SiegelJune 2 -
Most Federal Reserve Districts showed economic growth in April through mid-May, with San Francisco reporting "moderate" growth and six other banks reporting "modest" growth, according to the Beige Book report released Wednesday.
By Gary SiegelJune 1 -
Texas service sector activity "continued to reflect expansion in May," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slid to 5.8 from 10.6.
By Gary SiegelJune 1 -
About 4,884,200 online job postings appeared on leading internet job boards in May, a decrease of 285,800 from April, the Conference Board reported Wednesday.
By Gary SiegelJune 1 -
According to the ISM's monthly report on business, the ISM index increased to 51.3 in May from 50.8 in April.
By Gary SiegelJune 1

