Monthly Archives: October 2016

Q3 GDP Growth Fastest In 2 Years

Posted on October 28, 2016 by Popular Economics Weekly

Financial FAQs Third quarter GDP growth was the fastest in two years, aided by a spike in soybean and other U.S. exports and a rebound in the size of inventories companies keep on hand for sale, reports the U.S. Bureau … Continue reading →

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Housing Sales, Prices Continue Skyward

Posted on October 26, 2016 by Popular Economics Weekly

The Mortgage Corner The S&P Case Shiller Home Price Index continues to soar, with Seattle and Portland existing-home prices up double digits in a year, while Dallas and Denver are up some 8 percent annually. Case-Shiller’s national index is within … Continue reading →

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Hillary Clinton, the New FDR?

Posted on October 24, 2016 by Popular Economics Weekly

Popular Economics Weekly Even President Obama, among others, has said Hillary Clinton is one of the most qualified presidential candidates ever. And she has been advocating a new New Deal for America, including tuition-free public universities and colleges, paid maternity … Continue reading →

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Housing Construction Slows

Posted on October 19, 2016 by Popular Economics Weekly

The Mortgage Corner Single-family housing construction rose in September. Though overall starts plunged what looks like a shocking 9.0 percent in September, to a 1.047 million annualized rate, said Econoday. The drop is tied entirely to the volatile multi-family component … Continue reading →

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A Recovery In Retail Sales?

Posted on October 18, 2016 by Popular Economics Weekly

Financial FAQs September retail sales rose: total up 0.6 percent, ex-auto up 0.5 percent, ex-auto ex-gas up 0.3 percent, which indicates a good holiday season for retail. But this is bucking the downward trend that has sales sinking to the … Continue reading →

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Will Low Interest Rates Continue?

Posted on October 13, 2016 by Popular Economics Weekly

The Mortgage Corner This question is behind much of the stock and bond market gyrations. We are near full employment with a 5.0 percent unemployment rate, some 11 million jobs created since the end of the Great Recession, yet we … Continue reading →

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Jobs Report—Not Yet Full Employment

Posted on October 10, 2016 by Popular Economics Weekly

Popular Economics Weekly The unemployment rate rose slightly to 5 percent for the first time since April, the government said Friday, though that was mainly because 444,000 people entered the labor force. There are still too many unemployed, in other … Continue reading →

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Trump the Terrible Demagogue

Posted on October 8, 2016 by Popular Economics Weekly

Popular Economics Weekly Many Republicans as well as Democrats are horrified at the possibility of a Trump Presidency. It’s not only because of his blatant racism, which he makes no attempt to hide. Or his complete ignorance of foreign policy. … Continue reading →

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Motor Vehicle Sales Boost Retail, Manufacturing

Posted on October 7, 2016 by Popular Economics Weekly

Financial FAQs One of the first hard indications on the September economy is strongly positive as overall unit vehicle sales surged 4.7 percent to a 17.7 million annualized rate. This will boost the vehicle component of the September retail sales … Continue reading →

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