Gary Siegel

NEW YORK – The seasonally adjusted Milwaukee Index remained at 56 in February, according to the Institute for Supply Management-Milwaukee.

NEW YORK - The University of Michigan's final February consumer sentiment index reading was 73.6, compared to the preliminary February 73.7 reading, the final January 74.4, and the final December 72.5, according to market sources.

NEW YORK - The Chicago Purchasing Managers’ Business Barometer rose to 62.6 in February from 61.5 in January, the National Association of Purchasing Management-Chicago said today.

NEW YORK – New York City business activity expanded again in February, its seventh straight month of expansion, the Institute for Supply Management-New York’s Report on Business current business conditions index indicated.

NEW YORK – Noting the “tremendous slack” in the economy, former Federal Reserve Board Governor Frederic Mishkin said, the Fed should not be thinking about hiking interest rates.

Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “continued to strengthen in February,” according to the bank’s monthly manufacturing survey, released yesterday.

Despite the economy being in recovery, businesses are still struggling, and it could be years before output returns to pre-recession levels, according to Federal Reserve Bank of Cleveland president and chief executive officer Sandra Pianalto.

NEW YORK - The Treasury Department said today it will auction $26 billion 91-day bills and $28 billion 182-day discount bills Monday.

NEW YORK - Manufacturing activity in the Federal Reserve Bank of Kansas City’s region “continued to strengthen in February,” according to the bank’s monthly manufacturing survey, released today.

NEW YORK – Despite the economy being in recovery, businesses are still struggling, and it could be years before output returns to pre-recession levels, according to Federal Reserve Bank of Cleveland President and CEO Sandra Pianalto.

The Treasury Department yesterday auctioned $42 billion of five-year notes, with a 2 3/8% coupon, a 2.395% high yield, a price of 99.906254.

NEW YORK - The Treasury Department auctioned $42 billion of five-year notes, with a 2 3/8% coupon, a 2.395% high yield, a price of 99.906254.

NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated Feb. 25, due April 22, at a 0.100% high tender rate.

The Treasury Department yesterday auctioned $44 billion of two-year notes with a 7/8% coupon at a 0.895% yield, a price of 99.960486.

“Manufacturing activity in the central Atlantic region advanced slightly in February, following several months of modest declines,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond and released yesterday.

The consumer confidence index slumped to 46.0 in February from an upwardly revised 56.5 in January, the Conference Board reported yesterday.

NEW YORK - The Treasury Department today auctioned $44 billion of two-year notes with a 7/8% coupon at a 0.895% yield, a price of 99.960486.

NEW YORK - The Treasury Department said it will auction $25 billion 56-day cash management bills on Wednesday, Feb. 24.

NEW YORK - The Treasury Department today auctioned $31 billion of four-week bills at a 0.055% high yield, a price of 99.995722.

NEW YORK – “Service sector activity contracted in February,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released today, “Retail sales fell, with big-ticket sales dropping sharply. In addition, services firms revenues contracted. Shopper traffic dissipated, held down in part by a series of heavy snow storms that occurred on weekends. Retail inventories were little changed. Looking ahead, survey respondents remained optimistic about business prospects during the next six months, although their outlook was less upbeat than a month ago.”