Monthly Archives: October 2022

Third Quarter Growth Turns Positive

Posted on October 27, 2022 by Popular Economics Weekly

Popular Economics Weekly BEA.gov The U.S. economy grew 2.6 percent in the third quarter due to exploding exports and declining imports after two quarters of negative growth from the aftereffects of the pandemic, and record GDP growth in 2021. ‘The … Continue reading →

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Can We Stay Fully Employed?

Posted on October 26, 2022 by Popular Economics Weekly

Financial FAQs Roosevelt Institute Paul Krugman has forwarded an excellent blog piece by Roosevelt Institute Fellow Justin Bloesch on why we can maintain near-full employment while inflation is returning to the rate that prevailed prior to the pandemic. Bloesch maintains … Continue reading →

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Leading Indicators Say Imminent Recession?

Posted on October 24, 2022 by Popular Economics Weekly

Financial FAQs Conference Board One economic growth measure acknowledged by market professionals but few else is the Conference Board’s Index of Leading Economic Indicators (LEI) that attempts to forecast future economic activity. And it is signaling an upcoming recession, according … Continue reading →

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Homebuilders Losing Confidence

Posted on October 19, 2022 by Popular Economics Weekly

The Mortgage Corner Calculated Risk Builder confidence in the market for newly built single-family homes dropped eight points in October to 38—half the level it was just six months ago—according to the National Association of Home Builders (NAHB)/Wells Fargo Housing … Continue reading →

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Retail Sales, Inflation Slowing

Posted on October 17, 2022 by Popular Economics Weekly

Popular Economics Weekly FREDretailsales Another part of the inflation puzzle is retail sales; probably the most important picture of consumer demand since consumers power some 70 percent of economic activity. Any decline in retail sales helps the Federal Reserve decide … Continue reading →

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Inflation Already Declining!

Posted on October 13, 2022 by Popular Economics Weekly

The Mortgage Corner AtlantaGDPNow The Atlanta Federal Reserve has just upped their estimate of Q3 economic growth to +2.9 percent after two quarters of negative growth. Why are they thinking that economic growth will resume when the Fed says it … Continue reading →

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Too Much Disinflation Is Bad Planning

Posted on October 12, 2022 by Popular Economics Weekly

Financial FAQs FREDcapex The rumblings of an oncoming disinflationary spiral are becoming louder. And it may be as difficult to tame as the current inflationary spike that so worries the Federal Reserve. What is disinflation as opposed to outright deflation? … Continue reading →

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Employment Slowing Enough?

Posted on October 7, 2022 by Popular Economics Weekly

Popular Economics Weekly  MarketWatch Job growth is slowing, but is it enough to call off the inflation hawks, including Federal Reserve Governors, from wanting more rate hikes? The U.S. Economy is still fully employed for those wanting to work; with … Continue reading →

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It’s Time For Positive Economic Growth!

Posted on October 6, 2022 by Popular Economics Weekly

Financial FAQs AtlantaFed Economists are beginning to predict third quarter grow domestic product (GDP) growth will turn positive after two quarters of negative growth, maybe ending thoughts of a recession occurring next year. The U.S. trade deficit fell in August … Continue reading →

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Will U.S. Economy Slow Enough?

Posted on October 5, 2022 by Popular Economics Weekly

The Mortgage Corner Calculated Risk Is the economy slowing enough to cause the Fed to pause in their rather draconian rate hikes that have alarmed the financial markets enough to cause them to believe a recession is imminent? Wall Street’s … Continue reading →

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