Category Archives: Consumers

Strong July Retail Sales

Posted on August 18, 2021 by Popular Economics Weekly

Financial FAQs FREDretailsales The DOW plunged more than 400 points at Tuesday’s opening, because retail sales were “weaker” say the pundits. But it was in large part because of lower new car sales, due to a shortage of computer chips. … Continue reading →

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Job Openings At Record High

Posted on August 12, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The number of job openings increased to a series high of 10.1 million on the last business day of June (yellow line on CR graph), the U.S. Bureau of Labor Statistics reported on Monday. It seems … Continue reading →

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Another Strong Jobs Report

Posted on August 6, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com This was another very strong unemployment report by the Bureau of Labor Statisticss (BLS) with 943,000 new nonfarm payroll jobs added in July and most of it in the service industries. Leisure/Hospitality, Government, Education/Health, and Professional/Business … Continue reading →

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Can We Have a Soft Landing?

Posted on August 2, 2021 by Popular Economics Weekly

The Mortgage Corner CBO Fed Chair Alan Greenspan in early 2000 convinced GW Bush that he could finance GW’s war on terror without raising taxes by borrowing money at ultra-low interest rates. America’s sovereign debt had AAA credit rating at … Continue reading →

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Second Quarter Economic Growth Explodes

Posted on July 29, 2021 by Popular Economics Weekly

Financial FAQs BEA.gov The U.S. economy grew at a blistering pace in the spring and repaired most of the damage caused by the pandemic thanks to widespread coronavirus vaccinations and a nearly full reopening of the economy. The Q2 GDP … Continue reading →

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Why Are Consumers So Confident?

Posted on July 28, 2021 by Popular Economics Weekly

Popular Economics Weekly Conference Board Rather than retreating mildly this month as expected, the Conference Board’s consumer confidence index edged up slightly from an upward-revised June level to stand at 129.1,” said Reuters.  That was a new pandemic-era high, although … Continue reading →

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How Do We Ease our Workload?

Posted on July 20, 2021 by Popular Economics Weekly

Financial FAQs occupydemocrats.com Why do Americans worker harder with longer hours than in other developed countries? And why is America’s income inequality the worst in the developed world? Both questions can be quickly encapsulated by NYTimes’ columnists Bret Stephens and … Continue reading →

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Retail Sales Splurge Won’t Last

Posted on July 19, 2021 by Popular Economics Weekly

Calculated Risk “Advance estimates of U.S. retail and food services sales for June 2021, adjusted for seasonal variation and holiday and trading-day differences, according to the US Census Bureau, but not for price changes, were $621.3 billion, an increase of … Continue reading →

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Why Keep Interest Rates This Low?

Posted on July 15, 2021 by Popular Economics Weekly

Financial FAQs FREDPersavings Inflation isn’t yet a problem, but are very low interest rates becoming a problem? Interest rates have been at record lows for years, thanks to the Federal Reserve that has been buying up enough bonds and mortgage … Continue reading →

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Too Many Jobs to Fill?

Posted on July 8, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk There are too many job vacancies at the moment, per the Labor Department’s JOLTS report; though it actually signals that  businesses seem to want workers for the same old jobs, but there’s now a mismatch. … Continue reading →

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