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.

What Happened to Inflation?

Popular Economics Weekly FREDppifinaldemand What happened to the inflation problem? The latest wholesale inflation data show the Fed has more than succeeded in its campaign to tame inflation. The wholesale Producer Price Index (PPI) for final demand in wholesale goods … Continue reading →

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Homebuying Season Continues

The Mortgage Corner We know the spring buying season barely got off the ground because of elevated mortgage rates. But there are enough homes for sale to continue purchases into the summer. An analysis by Redfin, the national real estate … Continue reading →

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Americans Still Fully Employed

Popular Economics Weekly MarketWatch.com Hiring has been slowing in some business sectors, but government, education & health, and construction kept the BLS unemployment rate at a historic low of 3.6 percent per the MarketWatch graph. American governments and the construction … Continue reading →

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Consumer Splurge Continues

Financial FAQs BEA.gov Consumers continue to spend, and what can the Fed do about it? This will be debated by market analysts ad nauseum until the next Federal Reserve FOMC meeting in July. And then Chairman Powell, et. al., will … Continue reading →

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Big Rise in Q1 Economic Growth

Popular Economics Weekly BEA.gov Economic growth in Q1 2023 was much better than pundits and economists predicted. GDP growth rose from its second estimate of 1.3 percent to 2.0 percent growth in the first quarter, largely because consumers spent more. … Continue reading →

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US Inflation In Faster Decline

The Mortgage Corner The Whitehouse Council of Economic Advisors (CEA) has come out with a study that compares US inflation to European inflation, and finds that ours has come down faster, much more apace, in fact. It found that so-called … Continue reading →

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US Inflation In Faster Decline

The Mortgage Corner The Whitehouse Council of Economic Advisors (CEA) has come out with a study that compares US inflation to European inflation, and finds that ours has come down faster, much faster, in fact. It found that so-called ‘harmonized’ … Continue reading →

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American Consumers Happier

Financial FAQs American consumers can live with higher inflation, according to the Conference Board’s latest confidence survey, but can the Fed? Its survey of U.S. consumer confidence jumped to a 17-month high of 109.7 in June, reflecting a slowdown in … Continue reading →

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Wrong Lessons Learned From 1970s

Financial FAQs Much talk has been made of what the Chairman Powell and US Fed officials say they learned from the inflation spiral of the 1970s. Keep employees’ wages from rising too fast, since they are that part of the … Continue reading →

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Q2 GDP Growth Higher?

Financial FAQs AtlantaFederalReserve The Atlanta Fed’s GDPnow graph perfectly illustrates how uncertain are predictions for second quarter economic growth. They go literally from negative growth to 2 percent plus! Why? Because though manufacturing sector growth has been negative for seven months, … Continue reading →

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