Gary Siegel

NEW YORK – About 3,386,000 online job postings appeared on leading Internet job boards in November, a 106,500 increase from October's 3,279,500, The Conference Board reported today.

Pending home sales increased 3.7% to a reading of 114.1 in October from a revised to 110.0 in September, originally reported as a 6.1% rise to 110.1, according to an index released yesterday by the National Association of Realtors.

The overall economy grew for the seventh straight time after seven months of contraction, while the manufacturing sector expanded for the fourth time after 18 months of contraction, the Institute for Supply Management reported yesterday.

The economy is in a recovery that should be sustainable, even with stimulus programs beginning to be wound down, Federal Reserve Bank of Philadelphia president and chief executive officer Charles I. Plosser said yesterday, adding that the federal funds rate should be allowed to rise as real interest rates grow.

NEW YORK – The economy is recovering, and it should be sustainable, even with stimulus programs beginning to be wound down Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said today, noting that the Federal funds rate should be allowed to rise as real interest rates grow.

NEW YORK - The Treasury Department today auctioned $31 billion of four-week bills at a 0.085% high yield, a price of 99.993389.

NEW YORK - The overall economy grew for the seventh straight time after seven months of contraction, while the manufacturing sector expanded for the fourth time after eighteenth months of contraction, the Institute for Supply Management reported this morning.

NEW YORK – The Federal Reserve today announced the results of its term auction facility, selling $16.730 billion of 42-day credits at a 0.250% stop-out rate, the lowest rate at which the offering amount clears, which is the sole rate awarded to all the successful bids.

NEW YORK - Pending home sales increased 3.7% to a reading of 114.1 in October from a revised to 110.0 in September, originally reported as a 6.1% rise to 110.1, according to an index released today by the National Association of Realtors.

The Federal Reserve announced yesterday that it will set a 0.25% minimum bid on its $25 billion 42-day Term Auction Facility.

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills rose yesterday, as the three-months incurred a 0.060% high rate, up from 0.040% the prior week, and the six-months incurred a 0.150% high rate, a rise from 0.140%.

The Chicago Fed Midwest Manufacturing Index climbed 0.5% in October to a seasonally adjusted level of 82.9 after the September report showed a revised 0.7% increase to 82.5, originally reported as a 1.0% rise to 82.3, the Federal Reserve Bank of Chicago reported yesterday.

“Texas factory activity showed its first signs of growth in more than a year,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas and released yesterday.

The seasonally adjusted Milwaukee Index increased to 57 in November from 50 in October, according to the Institute for Supply Management-Milwaukee.

New York City business activity improved again in November, as the Institute for Supply Management’s New York Report on Business current conditions index has shown expansion for four straight months, the group reported yesterday.

The Chicago Purchasing Managers’ Business Barometer rose to 56.1 in November from 54.2 in October, the National Association of Purchasing Management-Chicago said yesterday.

NEW YORK - The Chicago Fed Midwest Manufacturing Index climbed 0.5% in October to a seasonally adjusted level of 82.9 after the September report showed a revised 0.7% increase to 82.5, originally reported as a 1.0% rise to 82.3, the Federal Reserve Bank of Chicago reported today.

NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills rose, as the three-months incurred a 0.060% high rate, up from 0.040% the prior week, and the six-months incurred a 0.150% high rate, a rise from 0.140% the week before.

NEW YORK - The Treasury Department said it will sell $31 billion of four-week discount bills tomorrow.

NEW YORK - “Texas factory activity showed its first signs of growth in more than a year,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released today.