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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Manufacturing activity in the Federal Reserve Bank of Kansas City's region steadied somewhat and was expected to remain largely unchanged heading forward, according to the bank's monthly manufacturing survey, released Thursday.
October 22 -
The composite index of Leading Economic Indicators was down 0.2% in September following a flat reading in August, first reported as a 0.1% rise, the Conference Board reported Thursday.
October 22 -
Existing home sales grew 4.7% to a seasonally adjusted 5.55 million-unit rate in August from a downwardly revised 5.30 million pace the previous month, the National Association of Realtors announced Thursday.
October 22 -
The Chicago Fed National Activity Index for September improved to negative 0.37 from a revised negative 0.39 reading in August, while the three-month moving average (CFNAI-MA3) dipped to negative 0.09 from an unrevised positive 0.01 in August, the Federal Reserve Bank of Chicago reported Thursday.
October 22 -
The region's non-manufacturing sector declined in October, as the general business conditions index fell to 17.5 from 29.3 in September, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.
October 20 -
Builders confidence in the market for new single-family homes was higher as the National Association of Home Builders' housing market index rose to 64 in September from 61 in September.
October 19 -
The University of Michigan's preliminary October consumer sentiment index reading was 92.1, compared to the final September 87.2, and the preliminary September 85.7, according to market sources.
October 16 -
Industrial production declined 0.2% in September, the Federal Reserve reported Friday.
October 16 -
The economy can handle a rate hike and such a move is appropriate, Federal Reserve Bank of Cleveland President and CEO Loretta J. Mester said Thursday.
October 15 -
The federal government ran a $91.1 billion budget surplus in September, the Treasury Department reported Thursday.
October 15 -
The region's manufacturing sector slowed in October, as the general business conditions index narrowed to negative 4.5 from negative 6.0 in September, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.
October 15 -
The Empire State Manufacturing Survey showed "business activity declined for a third consecutive month for New York manufacturers," the Federal Reserve Bank of New York reported Thursday, as the general business conditions index narrowed to negative 11.36 in October from negative 14.67 in September.
October 15 -
Noting that he still would be comfortable with a rate hike, Federal Reserve Bank of Richmond President Jeffrey Lacker in a televised interview would not predict how his colleagues will vote at the October Federal Open Market Committee meeting.
October 14 -
Labor market activity remained essentially unchanged, while momentum declined but remained high as the Federal Reserve Bank of Kansas City Labor Market Conditions Indicators (LMCI) narrowed to negative 0.100 in September from negative 0.105 in August, according to the Bank.
October 14 -
Given current conditions, the Federal Reserve should not raise rates this year, Governor Daniel Tarullo said in a televised interview Tuesday.
October 13 -
Consumers view of inflation was fairly stable in the past month, according to the September Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Tuesday.
October 13 -
While refusing to suggest a date for liftoff, Federal Reserve Bank of Chicago President Charles Evans Friday said his views lean toward being extra patient and offering a more accommodative policy than his colleagues would like, and hed be comfortable with a fed funds rate target under 1% at the end of next year.
October 9 -
With the economy on a satisfactory track, liftoff should occur this year, Federal Reserve Bank of Atlanta President Dennis Lockhart said Friday.
October 9 -
The best monetary policy to spur the economy would be reducing the target range for the fed funds rate, not increasing it, and certainly not increasing the target this year or next, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said Thursday.
October 8 -
Consumer credit increased by $16.0 billion in August to $3.470 trillion, the Federal Reserve reported Wednesday.
October 7
