Monthly Archives: May 2019

Economic Growth Continues For How Long?

Posted on May 30, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019, according to the Bureau of Economic Analysis. It was “second” estimate released by the Bureau of Economic … Continue reading →

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Why No Inflation?

Posted on May 28, 2019 by Popular Economics Weekly

Financial FAQs I have been talking about the danger of too low inflation for some time.  This graph portrays the history of inflation since the 1970s, when the Arab oil embargo caused oil prices and inflation to soar to unacceptable … Continue reading →

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How Strong is This Year’s Housing Market?

Posted on May 22, 2019 by Popular Economics Weekly

The Mortgage Corner Econoday.com The NAR reported that Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors®. Two of the four major U.S. regions saw a slight dip in … Continue reading →

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Oh, Oh, Retail Sales Also in Decline?

Posted on May 15, 2019 by Popular Economics Weekly

Popular Economics Weekly The effects of the Trump administration’s trade wars are already slowing down consumer spending, not a good sign if Trump maintains tariffs for a longer period, as promised. Econoday.com The US Census Bureau is now reporting a … Continue reading →

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Do Trump Trade Wars = Recession?

Posted on May 14, 2019 by Popular Economics Weekly

The Mortgage Corner There are already signs President Trump’s trade wars are hurting. Right now, it’s mainly his Midwestern farm constituents that have seen their agricultural exports plummet. But what happens when rising prices from the tariffs are passed on … Continue reading →

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What is the Bully Mentality?

Posted on May 13, 2019 by Popular Economics Weekly

The Mortgage Corner Olweus Bullying Prevention Program The Trump administration and congressional Republicans’ “stonewalling” efforts, as House Majority Leader Nancy Pelosi has put it, are the latest example of the bully mentality, but few pundits or even Democrats seem to … Continue reading →

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The Art of Negotiation

Posted on May 9, 2019 by Popular Economics Weekly

Financial FAQs This column comes from a chapter in my forthcoming book, Answering the Kennedys Call to Promote World Peace and Freedom, a history of public service and community building by my own and more recent generations. This chapter documents … Continue reading →

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Where are the Workers?

Posted on May 7, 2019 by Popular Economics Weekly

Popular Economics Weekly The number of job openings rose to 7.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.7 million and … Continue reading →

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Our Student Debt Problem

Posted on May 6, 2019 by Popular Economics Weekly

Financial FAQs College students and former students have amassed some $1.5 trillion in student debts, most of it (90 percent) held by the federal government or guaranteed by same. And this is holding back a whole generation of young adults … Continue reading →

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A Huge Employment Report

Posted on May 3, 2019 by Popular Economics Weekly

Popular Economics Weekly The U.S. Bureau of Labor Statistics (BLS) reported today that total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent. It was the lowest unemployment rate in 49 years—since December … Continue reading →

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