Monthly Archives: June 2025

Worried Consumers Shop Less

Posted on June 28, 2025 by Popular Economics Weekly

Popular Economics Weekly “Disposable personal income (DPI)—personal income less personal current taxes—decreased $125.0 billion (0.6 percent) and personal consumption expenditures (PCE) decreased $29.3 billion (0.1 percent).” BEA.GOV We are seeing one of the classic signs of a looming recession—consumers are … Continue reading →

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First Quarter Growth Revised Lower

Posted on June 26, 2025 by Popular Economics Weekly

Financial FAQs “Real gross domestic product (GDP) decreased at an annual rate of -0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth … Continue reading →

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Interest Rates Coming Down?

Posted on June 24, 2025 by Popular Economics Weekly

The Mortgage Corner “Existing-home sales rose in May, according to the National Association of REALTORS®. Sales elevated in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the … Continue reading →

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U.S. Already in Recession?

Posted on June 21, 2025 by Popular Economics Weekly

Financial FAQs The Conference Board Leading Economic Index® (LEI) for the US ticked down by 0.1% in May 2025 to 99.0 (2016=100), after declining by 1.4% in April (revised downward from –1.0% originally reported). The LEI has fallen by 2.7% in … Continue reading →

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Tariffs Trump Consumer Spending

Posted on June 18, 2025 by Popular Economics Weekly

Financial FAQs “Advance estimates of U.S. retail and food services sales for May 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $715.4 billion, down 0.9 percent (±0.5 percent) from the previous month, … Continue reading →

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California Can’t Be Bullied

Posted on June 16, 2025 by Popular Economics Weekly

Popular Economics Weekly Governor Gavin Newsom today announced that California has officially overtaken Japan to become the world’s fourth-largest economy, according to newly released data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA). April, 2025 LATimes The Trump … Continue reading →

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Republicans Have Never Paid Their Bills

Posted on June 12, 2025 by Popular Economics Weekly

Financial FAQs “The new law will reduce federal revenues by significant amounts, even after allowing for the impact on economic growth. It will make the distribution of after-tax income more unequal. If it is not financed with concurrent spending cuts … Continue reading →

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Immigrants Make a Difference

Posted on June 9, 2025 by Popular Economics Weekly

Popular Economics Weekly “Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, leisure and hospitality, … Continue reading →

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What Happened to American Exceptionalism?

Posted on June 8, 2025 by Popular Economics Weekly

Barron’s 6-9-25 American exceptionalism may not be dead yet, but our democratic principles and Constitution are under assault (“U.S. Market Dominance Is On Pause. It Will Roar Back,” Other Voices, May 29). There’s plenty of research on the decline of … Continue reading →

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More Signs of Slower Growth

Posted on June 4, 2025 by Popular Economics Weekly

Financial FAQs “The manufacturing economy continues to struggle,” Susan Spence of ISM said. “It will continue to struggle” due to all the trade uncertainty. “The administration’s tariffs alone have created supply chain disruptions rivaling that of Covid-19,” executive at an … Continue reading →

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