Gary Siegel

Service sector “activity grew robustly in June,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing growth in the central Atlantic region “continued to expand in June.”

The consumer confidence index decreased to 126.4 in June from a revised 128.8 last month, The Conference Board reported Tuesday.

Home prices rose 6.4% on an annual basis in April, not seasonally adjusted.

The region's services sector showed “continued expansion,” as the general business conditions index slid to 39.1 in June from 45.3 in May.

Texas factory activity growth, as measured by the production index, “continued in June, albeit at a slower pace than in May,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

The Chicago Fed National Activity Index for May decreased to negative 0.15 from an upwardly revised positive 0.42 in April.

Manufacturers report continued growth in June, and the Federal Reserve Bank of Philadelphia Report on Business respondents reported increasing costs.

Existing home sales fell 0.4% to a seasonally adjusted 5.43 million-unit rate in May.

Despite “significant uncertainty” in monetary policymaking, the Federal Open Market Committee continues to back gradual increases in the federal funds rate, Fed Chair Jerome Powell said Wednesday.

Municipal bonds turned weaker after the Federal Reserve raised interest rates.

Federal Reserve Board Chairman Jerome Powell said he will hold a press conference after every Federal Open Market Committee meeting, beginning in January.

The federal government ran a $146.8 billion deficit in May, the Treasury Department reported Tuesday.

The Senate Banking Committee Tuesday advanced the nominations of Richard Clarida and Michelle Bowman for seats on the Federal Reserve Board of Governors.

Consumers’ inflation expectations held, but respondents’ optimism about income and spending slid.

Volume could increase as issuers try to lock in rates before the Fed raises interest rates again.

Consumer credit increased by $9.3 billion in April to $3.883 trillion, the Federal Reserve reported Thursday.

The Senate Banking Committee is expected to approve the nominations of Richard Clarida and Michelle Bowman for seats on the Federal Reserve Board of Governors in a vote on Tuesday.

Newly issued Treasury securities held in stripped form increased about $5.881 billion in April to a total of $283.836 billion, the Bureau of the Public Debt reported Wednesday.

The U.S. services sector expanded at a faster pace in May as the non-manufacturing index rose to 58.6 from 56.8 in April.