Fed Publishes A Primer On the Eurodollar Market
FDIC Publishes The Quarterly Banking Profile
Fed Publishes The 2014 Survey of Household Economics and Decision-making
The FDIC released the Quarterly Banking Profile and it shows a marked improvement in the industry, with a 6.9% increase in net income, and a 2.6% increase in net operating revenue. Community banks lead the industry on net income growth of 16% over last year. Net interest margin continues to struggle, falling 3.02% in the quarter.
The Federal Reserve Board published the 2014 Survey of Household Economics and Decision-making. The survey provides information about how Americans view their economic security. According to the survey, 65% of respondents feel their families are "doing okay" or "living comfortably" financially, 29% say they expect household income to be higher next year. The results also suggest, as can be seen in the video to the left, that many Americans are not prepared for a financial crisis or retirement. Over 5,800 people completed the survey which was conducted in October and November of 2014.