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 service sector activity showed slower expansion in May, according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slipped to 13.1 from 18.5.
May 28 -
Tapering should result in the end of quantitative easing in the last quarter of 2014, and Federal Reserve Bank of Atlanta President and Chief Executive Officer Dennis Lockhart said he is "comfortable" with the first rate hike, or liftoff in the last half of 2015.
May 28 -
Texas factory activity, as measured by the production index, "increased again in May," according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released Tuesday.
May 27 -
Service sector activity "strengthened" in May, according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.
May 27 -
Manufacturing activity in the central Atlantic region "increased at a steady pace of growth" in May, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index rose to 10 in May from 6 in April.
May 27 -
The consumer confidence index gained to 83.0 in May from a revised 81.7 last month, The Conference Board reported Tuesday.
May 27 -
U.S. durable goods orders climbed 0.8% in April, while excluding transportation orders grew 0.1%, the Commerce Department reported Tuesday.
May 27 -
Sales of new single-family homes soared 6.4% to a 433,000 seasonally adjusted annual rate in April, according to data released by the Commerce Department Friday.
May 23 -
The future looks bright following a gloomy winter that stalled real gross domestic product growth, Federal Reserve Bank of San Francisco President and CEO John C. Williams said Thursday.
May 22 -
Manufacturing activity in the Federal Reserve Bank of Kansas City's region "expanded solidly, and producers' expectations for future factory activity remained at healthy levels," according to the bank's monthly manufacturing survey, released Thursday.
May 22 -
The composite index of Leading Economic Indicators was up 0.4% in April following a revised 1.0% increase in March, first reported as a 0.8% climb, the Conference Board reported Thursday.
May 22 -
Initial jobless claims surged 28,000 to 326,000 in the week ended May 17, the Labor Department said Thursday.
May 22 -
The Chicago Fed National Activity Index for April plunged to negative 0.32 from a revised positive 0.34 reading in March, while the three-month moving average (CFNAI-MA3) gained to positive 0.19 from a revised positive 0.04 in March, the Federal Reserve Bank of Chicago reported Thursday.
May 22 -
The Federal Open Market Committee and the Fed Board of Governors discussed tools that could be used in the "eventual normalization" of monetary policy, although the talks were considered "prudent planning," not a sign of impending action, according to minutes of the FOMC meeting of April 29 and 30, released Wednesday.
May 21 -
Targeting price level rather than inflation should be considered by the Federal Reserve, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said Wednesday.
May 21 -
As inflation increases and more jobs are available, it may become necessary for the Federal Open Market Committee to start tightening rates "sooner rather than later," Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Tuesday.
May 20 -
The Federal Open Market Committee is closer to achieving its policy goals than it has been since 2009, Federal Reserve Bank of St. Louis President James Bullard said Friday.
May 16 -
The University of Michigan's preliminary May consumer sentiment index reading was 81.8, compared to the final April 84.1, and the preliminary April 82.6, according to market sources.
May 16 -
The New York region's service sector increased in May, according to the Federal Reserve Bank of New York's Business Leaders Survey, released Friday.
May 16 -
Groundbreaking for new U.S. home construction surged 13.2% in April to a seasonally adjusted annual rate of 1.072 million units as building permits spiked 8.0% to an annual rate of 1.080 million units, according to Commerce Department data released Friday.
May 16
