Monthly Archives: September 2021

What Happened to the Civil War?

Posted on September 29, 2021 by Popular Economics Weekly

Answering Kennedy’s Call NPR.org Removal of the largest Robert E. Lee statue from its prominent place in central Richmond, Virginia is a sign of the times. We are no longer fighting what has been called a ‘cold’ civil war. Not the majority … Continue reading →

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How Do We Build More Housing?

Posted on September 22, 2021 by Popular Economics Weekly

The Mortgage Corner Calculated Risk The housing market is cooling as is the fall weather. It’s not good news for those needing to live somewhere, given the low for sale inventory. But interest rates still remain at record lows, with … Continue reading →

Posted in Consumers, COVID-19, Housing, housing market, Weekly Financial News | Leave a comment

Why So Much Income Inequality?

Posted on September 21, 2021 by Popular Economics Weekly

Answering Kennedy’s Call FREDcpi President Biden hopes to pass the largest piece of social legislation since the New Deal with his upcoming $3.5 trillion social infrastructure bill. But he is finding lots of opposition to such public spending. The NY … Continue reading →

Posted in COVID-19, Economy, Keynesian economics, Politics | Leave a comment

Strong Retail Sales Show Good Q3 Growth

Posted on September 16, 2021 by Popular Economics Weekly

Popular Economics Weekly FRED/Calculated Risk Retail and Food service sales, ex-gasoline, increased 0.7 percent in a month, and 15.1 percent above August 2020, per the US Census Bureau estimate, which is a sign that economic growth isn’t faltering due to … Continue reading →

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What is Real Inflation?

Posted on September 14, 2021 by Popular Economics Weekly

Financial FAQs FREDcpi “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in August on a seasonally adjusted basis after rising 0.5 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading →

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Where are the Job Openings?

Posted on September 8, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The number of job openings increased to a series high of 10.9 million on the last business day of July, the U.S. Bureau of Labor Statistics reported today. Job openings increased in several industries, with … Continue reading →

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A Disappointing Jobs Report

Posted on September 3, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk When will they come back to work? That is the question economists are asking with the August unemployment report out today. Although the Calculated Risk graph shows how quickly job creation has recovered in comparison … Continue reading →

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