Gary Siegel

WASHINGTON – Real gross domestic product increased 2.5% in the third quarter, revised higher from 2.0% growth seen in the advance estimate last month and exceeding economists’ estimates as the core personal consumption expenditures number was unrevised, the Commerce Department reported Tuesday.

The Treasury Department Monday auctioned $35 billion of two-year notes with a 1/2% coupon at a 0.520% yield and a price of 99.960259.

The Chicago Fed national activity index for October improved to negative 0.28 from a revised negative 0.52 reading in September, originally reported as negative 0.58.

Consumers are unsure about much these days and that plays a big role in stifling the economy, and it’s a trend that policymakers may not have the tools to resolve, according to Federal Reserve Bank of Minneapolis president Narayana Kocherlakota.

NEW YORK – Consumers are unsure about much these days and that plays a big role in stifling the economy, and it’s a trend that policymakers may not have the tools to resolve, according to Federal Reserve Bank of Minneapolis President Narayana Kocherlakota.

NEW YORK - The Treasury Department today auctioned $35 billion of two-year notes with a 1/2% coupon at a 0.520% yield, a price of 99.960259.

NEW YORK - Tender rates for the Treasury Department’s latest 90-day and 181-day discount bills were higher, as the three-months incurred a 0.140% high rate, up from 0.135% the prior week, and the six-months incurred a 0.195% high rate, up from 0.180% the week before.

NEW YORK - The Treasury Department said it will auction $25 billion 55-day cash management bills on Wednesday, November 24.

NEW YORK - The Treasury Department said Monday it will sell $25 billion of four-week discount bills Tuesday.

NEW YORK - The Chicago Fed National Activity Index for October improved to negative 0.28 from a revised negative 0.52 reading in September, originally reported as negative 0.58.

The region’s manufacturing sector showed improvement in November, as the general business conditions index surged to 22.5 from 1.0 in October, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

The composite index of leading economic indicators met economist expectations in October by growing 0.5%, the Conference Board reported Thursday.

NEW YORK – Monetary policy should be focused mostly on inflation, and to a lesser degree on output growth, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said today.

NEW YORK – The federal Reserve should promote price stability to get the economy moving, according to Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto.

NEW YORK – A three-pronged approach to stimulus can provide the equivalent of a 100-basis-point rate cut by the Fed, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said.

NEW YORK - The Treasury Department said Wednesday it will auction $29 billion 91-day bills and $28 billion 182-day discount bills Monday.

NEW YORK - The Treasury Department said it will auction $35 billion two-year notes on Monday, November 22, and $35 billion five-year notes on Tuesday, November 23.

NEW YORK - The Treasury Department said it will auction $29 billion seven-year notes on Wednesday, November 24.

NEW YORK – The region's manufacturing sector showed improvement in November, as the general business conditions index surged to 22.5 from 1.0 in October, this month’s Federal Reserve Bank of Philadelphia Report on Business indicates.

NEW YORK - The composite index of Leading Economic Indicators grew 0.5% in October, the Conference Board reported today.