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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NEW YORK – With a $142 billion deficit in November, the federal budget deficit was $283 billion for the first two months of fiscal year 2011, the Congressional Budget Office estimated Monday.
By Gary SiegelDecember 7 -
The Conference Board's employment trends index rose to 99.0 in November from a downwardly revised 97.6 in October and is up 9.3% from a year ago, the group announced Monday.
By Gary SiegelDecember 6 -
Next year should be better economically, according to participants in the 24th annual Economic Outlook Symposium, as gross domestic product will show more growth, inflation will rise to levels closer to what is considered "normal," and the jobless rate will dip.
By Gary SiegelDecember 6 -
NEW YORK – Newly issued Treasury securities held in stripped form increased about $3.649 billion in November to a total of $197.907 billion, the Bureau of the Public Debt reported this afternoon.
By Gary SiegelDecember 6 -
NEW YORK – Next year should be better economically, according to participants in the 24th annual Economic Outlook Symposium, as gross domestic product will show more growth, inflation will rise to levels closer to what is considered “normal” and the jobless rate will dip.
By Gary SiegelDecember 6 -
NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.145% high rate, down from 0.175% the prior week, and the six-months incurred a 0.185% high rate, down from 0.210% the week before.
By Gary SiegelDecember 6 -
NEW YORK - The Treasury Department said it will auction $18 billion 7-day cash management bills on Tuesday, December 2.
By Gary SiegelDecember 6 -
NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, December 8.
By Gary SiegelDecember 6 -
NEW YORK - The Treasury Department said Monday it will sell $25 billion of four-week discount bills Tuesday.
By Gary SiegelDecember 6 -
NEW YORK – The Conference Board’s Employment Trends Index (ETI) rose to 99.0 in November from a downwardly revised 97.6 in October, originally reported as 98.1, and is up 9.3% from a year ago, the group announced Monday.
By Gary SiegelDecember 6 -
Inflationary pressures were higher in November, as the U.S. future inflation gauge grew to 99.6 from an unrevised 97.4 in October, according to data released Friday by the Economic Cycle Research Institute.
By Gary SiegelDecember 3 -
The Institute for Supply Management’s non-manufacturing business activity composite index rose to 55.0 in November from 54.3 in October, the group said Friday.
By Gary SiegelDecember 3 -
NEW YORK - The Institute for Supply Management's non-manufacturing business activity composite index was 55.0 in November, up from 54.3 in October, on a seasonally adjusted basis, the group said today.
By Gary SiegelDecember 3 -
NEW YORK - U.S. inflationary pressures were higher in November, as the U.S. future inflation gauge grew to 99.6 from an unrevised 97.4 in October, according to data released this morning by the Economic Cycle Research Institute.
By Gary SiegelDecember 3 -
Federal Reserve Bank of St. Louis president James Bullard said a “clear” disinflationary trend began in the U.S. this year and monetary policy should be designed to fight the development and support the Federal Reserve Board’s inflation target from the low side.
By Gary SiegelDecember 2 -
Charles I. Plosser, president and chief executive of the Federal Reserve Bank of Philadelphia, described the national economic recovery as “relatively slow but sustainable” in a speech Thursday in Rochester, N.Y.
By Gary SiegelDecember 2 -
Pending home sales surged 10.4% to a level of 89.3 in October from 80.9 in September, according to an index released Thursday by the National Association of Realtors.
By Gary SiegelDecember 2 -
NEW YORK – A “clear” disinflationary trend began in the U.S. this year and monetary policy should be designed to prevent further inflation, St. Louis Federal Reserve Bank President James Bullard told the National Economists Club Thursday.
By Gary SiegelDecember 2 -
NEW YORK – While terming the recovery as “relatively slow but sustainable,” Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said that should there be proof that the latest round of quantitative easing is not working, he would back a change in policy.
By Gary SiegelDecember 2 -
NEW YORK - The Treasury Department said Thursday it will auction $29 billion 91-day bills and $28 billion 182-day discount bills Monday.
By Gary SiegelDecember 2
