Author Archives: Popular Economics Weekly

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About Popular Economics Weekly

Harlan Green is editor/publisher of PopularEconomics.com, and content provider of 3 weekly columns to various blogs--Popular Economics Weekly, Financial FAQs and the Mortgage Corner.

Housing Picks Up, Builder Confidence Highest in 7 Years

The Mortgage Corner Builders are most optimistic about single family homes, and the youngest adults are finally beginning to leave their parents’ nest, apparently. The National Association of Home Builders/Wells Fargo gauge rose four points to 58 in November, near … Continue reading →

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Mortgage Delinquency and Foreclosure Rates Lowest Since 2007

The Mortgage Corner The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 5.85 percent of all loans outstanding at the end of the third quarter of 2014. This is approaching the historical … Continue reading →

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Retail Sales, Consumer Sentiment Boosting Holiday Cheer

Popular Economics Weekly Retail Sales are growing again, and U. of Michigan survey of consumer sentiment is also spiking at the right time of year for holiday sales. That’s because job openings and hires in the September JOLTS report are … Continue reading →

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California’s Budget Surplus Leads to Credit Upgrade

Popular Economics Weekly A day after voters passed Proposition 2, which creates a “rainy day fund” to cushion the state budget from future economic downturns, major credit-rating house Standard & Poor’s on Wednesday upgraded California’s general obligation bond rating. S&P … Continue reading →

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Jobless Rate Falls to 5.8 Percent—Why be unhappy?

Financial FAQs Weekly Nonfarm payroll jobs advanced 214,000 in October after gaining 256,000 September and 203,000 in August. Net revisions for August and September were up 31,000. The unemployment rate dipped to 5.8 percent in October from 5.9 percent in … Continue reading →

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Bullies, Not Government Is the Problem

Financial FAQs Weekly Even though the U.S. economy grew by a 3.5 percent annual rate in the third quarter, boosted by a surge in exports and the biggest jump in federal spending in five years, Democrats don’t seem to be … Continue reading →

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Government Spending Boosts Q3 GDP

Popular Economics Weekly WASHINGTON (MarketWatch) — The U.S. economy grew by a 3.5 percent annual rate in the third quarter, fueled by a surge in exports and the biggest jump in federal spending in five years, screamed one headline this … Continue reading →

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Consumer Confidence Soaring, Case-Shiller Home Prices Unchanged

Popular Economics Weekly Why are stock prices rallying?  Maybe it’s because though housing price increases have slowed, consumer confidence is soaring for the holidays.  The prospect for future job and income growth looks good, in other words Home prices contracted … Continue reading →

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NRA Uses Gun Violence to Maximize Profits

Financial FAQs How can we believe the National Rifle Association opposes gun violence when every mass murder committed with guns is answered by the NRA’s call to buy more weapons? There have been 3 mass killings by crazed gunmen just … Continue reading →

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Pending and New-Home Sales Looking Up

The Mortgage Corner Sales of new single-family houses are barely budging from their recession lows. But pending home sales for September nudged up to the highest this year, which is a sign that record low interest rates are bringing buyers … Continue reading →

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