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 region's manufacturing sector contracted in January, as the general business conditions index climbed to negative 3.5 from negative 10.2 in December, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.
January 21 -
Builders' confidence in the market for new single-family homes was steady as the National Association of Home Builders' housing market index remained at 60 in January from a downwardly revised 60 in December.
January 19 -
The New York region's service sector activity "marginally improved," according to the Federal Reserve Bank of New York's January Business Leaders Survey, released Tuesday.
January 19 -
The University of Michigan's preliminary January consumer sentiment index reading was 93.3, compared to the final December 92.6, and the preliminary December 91.8, according to market sources.
January 15 -
Industrial production declined 0.4% in December, the Federal Reserve reported Friday.
January 15 -
The Empire State Manufacturing Survey showed "business activity declined for New York manufacturers at the fastest pace since the Great Recession," the Federal Reserve Bank of New York reported Friday, as the general business conditions index dropped to negative 19.37 in January from negative 6.21 in December.
January 15 -
Oil prices will have to stabilize before inflation will grow to 2%, but with oil prices continuing to fall, reaching the Federal Open Market Committee's 2% target may take longer than expected, Federal Reserve Bank of St. Louis President James Bullard said Thursday.
January 14 -
The Philadelphia Report on Business general business conditions index was revised down in December to negative 10.2 from the originally reported negative 5.9, the Bank announced Thursday.
January 14 -
Nine districts reported economic expansion since the previous Beige Book report, while Boston contacts were said to be "upbeat," and New York and Kansas City reported flat activity.
January 13 -
The federal government ran a $14.6 billion budget deficit in December, the Treasury Department reported Wednesday.
January 13 -
Labor market "conditions continue to improve," as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) increased to positive 0.04 in December from a revised negative 0.08 in November, according to the Bank.
January 13 -
Liftoff went well, Federal Reserve Bank of Boston President & Chief Executive Officer Eric S. Rosengren told the Greater Boston Chamber of Commerce Wednesday.
January 13 -
The Federal Open Market Committee will be able to raise rates again this year as the economy continues to recover, but Federal Reserve Bank of Atlanta President Dennis Lockhart said he'll be keeping a close eye on inflation.
January 11 -
Consumers expect household income, earnings and household spending growth to slow, according to the December Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
January 11 -
The Conference Board's Employment Trends Index (ETI) climbed to 129.33 in December from a downwardly revised 128.27 in November, and is up 2.6% from a year ago, the group announced Monday.
January 11 -
Newly issued Treasury securities held in stripped form increased about $533 million in December to a total of $215.724 billion, the Bureau of the Public Debt reported Thursday.
January 7 -
The Federal Open Market Committee should raise rates very gradually, and Federal Reserve Bank of Chicago President and Chief Executive Officer Charles L. Evans said Thursday he'd like the FOMC to follow the most accommodative path on the Summary of Economic Projections' "dot plot."
January 7 -
The decision to liftoff from zero lower bound rates was a "close call" for some Federal Open Market Committee voters, as "almost all" of the 17 participants believed conditions for a rate hike had been met, according to minutes of the December 15-16 meeting, released Wednesday.
January 6 -
About 5,407,700 online job postings appeared on leading Internet job boards in December, a decrease of 276,800 from November, the Conference Board reported Wednesday.
January 6 -
The U.S. services sector expanded at a slower pace in December as the non-manufacturing business activity composite index was 55.3 in the month, compared to 55.9 in November, on a seasonally adjusted basis, the Institute for Supply Management reported Wednesday.
January 6
