Monthly Archives: June 2024

Where’s the Recession–Part II?

Financial FAQs The unemployment report for May had little weakness, further evidence that the recent Harris poll results—in which 55 percent of those surveyed believed the US is in a recession—doesn’t reflect reality. In fact, total nonfarm payroll employment increased … Continue reading

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , , | 1 Comment

Fed’s Preferred Inflation Indicator Softens

Popular Economics Weekly The latest economic data show the US economy slowed in Q1 2024, but economic growth should increase in the second quarter because consumers will continue to spend. Personal Consumption Expenditures (PCE), the best measure of overall consumer … Continue reading

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