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 - The overall economy grew for the fifth straight time after seven months of contraction, while the manufacturing sector expanded for the second time after eighteenth months of contraction, the Institute for Supply Management reported this morning.
By Gary SiegelOctober 1 -
NEW YORK - Pending home sales increased 6.4% to a reading of 103.8 in August from an unrevised 3.2% rise to 97.6 in August, according to an index released today by the National Association of Realtors.
By Gary SiegelOctober 1 -
NEW YORK - The Federal Reserve is “well suited” to supervise “systemically important financial institutions that may not already be subject to the Bank Holding Company Act,” Federal Reserve Board Chairman Ben S. Bernanke told the House Financial
By Gary SiegelOctober 1 -
The Chicago Fed Midwest manufacturing index slipped 0.3% in August to a seasonally adjusted level of 80.1 after the July report showed a revised 3.1% increase to 80.4 originally reported as a 2.6% rise to 79.7, the Federal Reserve Bank of Chicago reported yesterday.
By Gary SiegelSeptember 30 -
The seasonally adjusted Milwaukee index increased to 58 in September from an upwardly revised 56 in August, according to the Institute for Supply Management-Milwaukee.
By Gary SiegelSeptember 30 -
New York City business activity surged in September, the first time the index has shown expansion for two straight months since the recession began in December 2007, according to the National Association of Purchasing Management-New York’s Report on Business.
By Gary SiegelSeptember 30 -
The Chicago Purchasing Managers’ Business Barometer fell to 46.1 in September from 50.0 in August, the National Association of Purchasing Management-Chicago said yesterday.
By Gary SiegelSeptember 30 -
Resource use that is “quite low,” subdued inflation, and credit restraints that will likely “constrain the speed of recovery” combine to make it likely the Fed will keep rates low for “an extended period,” Federal Reserve Board vice chairman Donald L. Kohn told the Cato Institute’s Shadow Open Market Committee yesterday.
By Gary SiegelSeptember 30 -
NEW YORK – Resource use that’s “quite low,” subdued inflation and credit restraints that will likely “constrain the speed of recovery,” combine to make it likely the Fed will keep rates low for “an extended period,” Federal Reserve Board Vice Chairman Donald L. Kohn told the Cato Institute's Shadow Open Market Committee today.
By Gary SiegelSeptember 30 -
NEW YORK - The Chicago Fed Midwest Manufacturing Index slipped 0.3% in August to a seasonally adjusted level of 80.1 after the July report showed a revised 3.1% increase to 80.4 originally reported as a 2.6% rise to 79.7, the Federal Reserve Bank of Chicago reported today.
By Gary SiegelSeptember 30 -
NEW YORK – The seasonally adjusted Milwaukee Index increased to 58 in September from an upwardly revised 56 in August, according to the Institute for Supply Management-Milwaukee.
By Gary SiegelSeptember 30 -
NEW YORK - The Chicago Purchasing Managers’ Business Barometer fell to 46.1 in September from 50.0 in August, the National Association of Purchasing Management-Chicago said today.
By Gary SiegelSeptember 30 -
NEW YORK – New York City business activity surged in September, the first time the index has shown expansion for two straight months since the recession began in December 2007, according to the National Association of Purchasing Management-New York’s Report on Business.
By Gary SiegelSeptember 30 -
The Treasury Department yesterday auctioned $22 billion of four-week bills at a 0.040% high yield, a price of 99.996889.
By Gary SiegelSeptember 29 -
The consumer confidence index slipped to 53.1 in September from an upwardly revised 54.5 last month, the Conference Board reported yesterday.
By Gary SiegelSeptember 29 -
When the time to raise interest rate comes, the Fed could act quickly and intensely, if needed, Federal Reserve Bank of Dallas president Richard Fisher said yesterday.
By Gary SiegelSeptember 29 -
NEW YORK - The Treasury Department today auctioned $22 billion of four-week bills at a 0.040% high yield, a price of 99.996889.
By Gary SiegelSeptember 29 -
NEW YORK – When the time to raise interest rate comes, the Fed could act quickly and intensely, if needed, Federal Reserve Bank of Dallas President Richard Fisher said today.
By Gary SiegelSeptember 29 -
NEW YORK - The consumer confidence index slipped to 53.1 in September from an upwardly revised 54.5 last month, The Conference Board reported this morning.
By Gary SiegelSeptember 29 -
The University of Michigan’s final September consumer sentiment index reading was 73.5, up from the preliminary September reading of 70.2 and the August 65.7 reading, according to market sources.
By Gary SiegelSeptember 25