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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Construction spending rose 0.1% in December, the Commerce Department said, 5.3% above the December 2012 level.
By Gary SiegelFebruary 3 -
Continuation of extremely accommodative monetary policies by the Federal Reserve could jeopardize economies of other countries, Kansas City Federal Reserve Bank President Esther George warned Friday.
By Gary SiegelJanuary 31 -
The University of Michigan's final January consumer sentiment index reading was 81.2, compared to the preliminary January 82.5, the final December 80.4, and the preliminary December 82.5, according to market sources.
By Gary SiegelJanuary 31 -
The Chicago Purchasing Managers' Business Barometer dipped to 59.6 in January from 60.8 in December, the National Association of Purchasing Management-Chicago said Friday.
By Gary SiegelJanuary 31 -
The Midwest Economy Index grew to 0.48 in November from an upwardly revised 0.33 in November, first reported as 0.27, the Federal Reserve Bank of Chicago reported Friday.
By Gary SiegelJanuary 31 -
The Treasury Department auctioned $29 billion of seven-year notes, with a 2 1/8% coupon, a 2.190% high yield, a price of 99.580282.
By Gary SiegelJanuary 30 -
The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/2% coupon, a 1.572% high yield, a price of 99.655086.
By Gary SiegelJanuary 30 -
The Treasury Department said it will auction $18 billion year bills on Feb. 4.
By Gary SiegelJanuary 30 -
The Treasury Department said Thursday it will auction $28 billion 91-day bills and $20 billion 182-day discount bills Monday.
By Gary SiegelJanuary 30 -
Pending home sales plunged 8.7% to an index reading of 92.4 in December, after a revised 0.3% decline to 101.2 in November, according to a report released Thursday by the National Association of Realtors.
By Gary SiegelJanuary 30 -
The seasonally adjusted Milwaukee Report on Business slid to 52.8 in January from 54.3 in December, the Institute for Supply Management-Milwaukee reported Thursday.
By Gary SiegelJanuary 30 -
Initial jobless claims climbed 19,000 to 346,000 in the week ended January 25, the Labor Department said Thursday.
By Gary SiegelJanuary 30 -
The Treasury Department Wednesday auctioned $15 billion of two-year floating rate notes with a high discount margin of 0.045%, at a 0.045% spread, a price of par.
By Gary SiegelJanuary 29 -
The Institute for Supply Management revised its December manufacturing index to 56.5 from 57.0, as a result of seasonal adjustments, the group said Wednesday.
By Gary SiegelJanuary 29 -
The Treasury Department Tuesday auctioned $32 billion of two-year notes with a 3/8% coupon at a 0.380% yield, a price of 99.990047.
By Gary SiegelJanuary 28 -
The Treasury Department Tuesday auctioned $10 billion of four-week bills at a 0.050% high yield, a price of 99.996111.
By Gary SiegelJanuary 28 -
Texas service sector activity picked up January, according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index grew to 18.1 from 16.8.
By Gary SiegelJanuary 28 -
Service sector activity "remained flat overall" in January, according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.
By Gary SiegelJanuary 28 -
Manufacturing activity in the central Atlantic region "maintained a steady pace of growth" in January, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index dipped to 12 in January from 13 in December.
By Gary SiegelJanuary 28 -
The consumer confidence index increased to 80.7 in January from a revised 77.5 last month, The Conference Board reported Tuesday.
By Gary SiegelJanuary 28

