Gary Siegel

The seasonally adjusted Milwaukee Report on Business rose to 65.6 in October from 63.2 in September, the Institute for Supply Management-Milwaukee reported Friday.

The Midwest Economy Index held at 0.51 in September unchanged from a revised 0.51 in August, the Federal Reserve Bank of Chicago reported Friday.

The Federal Reserve will stop its monthly purchases of agency mortgage-backed securities and longer-term Treasury securities under its quantitative easing program, while forward guidance maintains interest rates will remain at zero to 0.25% range, for a "considerable time," the Federal Open Market Committee announced Wednesday after its two-day meeting.

Texas service sector activity "continued to expand in October," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index dropped to 14.0 from 26.9.

Service sector activity "strengthened further" in October, according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "expanded" in October, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index rose to 20 in October from 14 in September

The consumer confidence index gained to 94.5 in October from a revised 89.0 last month, The Conference Board reported Tuesday.

Texas factory activity, as measured by the production index, "increased again in October," according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Pending home sales grew 0.3% to an index reading of 105.0 in September, after an unrevised 1.0% gain to 104.7 in August, according to a report released Monday by the National Association of Realtors.

Sales of new single-family homes grew 0.2% to a 467,000 seasonally adjusted annual rate in September, according to data released by the Commerce Department Friday.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "grew at a modest pace, and producers' optimism for future activity remained solid" in October, according to the bank's monthly manufacturing survey, released Thursday.

The composite index of Leading Economic Indicators was up 0.8% in September following a revised flat level in August, first reported as a 0.2% climb, the Conference Board reported Thursday.

The Chicago Fed National Activity Index for September surged to positive 0.47 from a revised negative 0.25 reading in August, while the three-month moving average (CFNAI-MA3) rose to 0.25 from a revised 0.16 in August, the Federal Reserve Bank of Chicago reported Thursday.

The region's non-manufacturing sector expanded at a faster pace in October, as the general business conditions index climbed to 50.0 from 42.9 in September, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Stock market volatility has not changed his desire to stop the Fed's bond-buying "one iota," and he sees no reason to not end the program this month, Federal Reserve Bank of Dallas President Richard Fisher said in a televised interview Monday.

Economic growth remained modest to moderate, according to the Beige Book, released by the Federal Reserve Wednesday.

Business inventories rose 0.2% to $1.752 trillion in August, while sales decreased 0.4% to $1.353 trillion, the Commerce Department reported Wednesday.

The Empire State Manufacturing Survey showed "business activity grew modestly for New York manufacturers," the Federal Reserve Bank of New York reported Wednesday although the "pace of growth slowed significantly," as the general business conditions index slumped from "a multiyear high" of 27.54 in September to 6.17 in October.

Expectations for median household income rose to a 16-month high of 2.9% from 2.5% in August according to the Federal Reserve Bank of New York's September Survey of Consumer Expectations.

Members of the Federal Open Market Committee decided the time was appropriate to disseminate information regarding normalization, and they also discussed current forward guidance and what was being implied about liftoff, according to minutes of the meeting, which were released Wednesday.