Monthly Archives: November 2022

Q3 Economic Growth Even Higher!

Posted on November 30, 2022 by Popular Economics Weekly

Popular Economics Weekly BEA.gov What is going on? The U.S. of Economic Analysis (BEA) just revised third quarter GDP growth higher, from 2.6 percent to 2.9 percent. And why? Mainly because consumers upped their spending in Q3, which increased 1.7 … Continue reading →

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Record Amount Housing Under Construction

Posted on November 28, 2022 by Popular Economics Weekly

The Mortgage Corner Calculated Risk There are a record number of housing units under construction, in part because of pandemic delays in construction (e.g., material shortages), but also because home sales have fallen sharply since the Fed’s rate hikes. This … Continue reading →

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Is It a Recession or Recovery?

Posted on November 21, 2022 by Popular Economics Weekly

Popular Economics Weekly The recent 1,000 + point surge of the DOW following news of declining inflation in the latest CPI report may have been prompted by the Leuthold Group’s noted market analyst Jim Paulsen in a recent CNBC interview, … Continue reading →

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Inflation Not Stopping Holiday Shoppers

Posted on November 16, 2022 by Popular Economics Weekly

Popular Economics Weekly When will inflation subside enough to bring down interest rates again? There are estimates that it takes from one year to 10 years to cure large inflation spikes such as occurred this year, based on what pundits … Continue reading →

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Inflation Falling Fast

Posted on November 11, 2022 by Popular Economics Weekly

Financial FAQs CPI inflation declined to 7.7 percent in October compared to a year ago, down from 8.2 percent in September, the government said Thursday. But it’s not making consumers any happier with the approach of the holidays. The University … Continue reading →

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We Would Have A Soft Landing (If Fed Will Listen)

Posted on November 8, 2022 by Popular Economics Weekly

Financial FAQs FREDdurablegoods After four consecutive 0.75 percent rate hikes, the Fed should slow down its rate increases, say at least three Federal Reserve Governors. That is good news as we try to assess the likelihood of another recession. It’s … Continue reading →

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Americans Still Fully Employed

Posted on November 4, 2022 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Every sector added jobs in October’s nonfarm unemployment report except mining, and the unemployment rate is still at a record low of 3.7 percent, even with the Fed promising to continue to raise interest rates. “Total … Continue reading →

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Healthy Economy Should be Fed’s Priority

Posted on November 1, 2022 by Popular Economics Weekly

Financial FAQs Calculated Risk Just days before an election that may decide the future growth path of the U.S. economy, the Labor Department’s JOLTS report shows Americans still fully employed. It seems companies aren’t yet ready to shrink their payrolls … Continue reading →

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