Category Archives: Consumers

How Much Has US Economy Slowed?

Posted on October 3, 2019 by Popular Economics Weekly

Financial FAQs Calculated Risk It’s a difficult question to answer. We know the US economy is slowing, and the manufacturing activity is already contracting—the first of the four indicators that are used to call a recession—per the ISM’s Manufacturing Diffusion … Continue reading →

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Higher Home Sales Mean What?

Posted on October 2, 2019 by Popular Economics Weekly

The Mortgage Corner FRED “Sales of new single‐family houses in August 2019 were at a seasonally adjusted annual rate of 713,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. … Continue reading →

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Who’s Willing to predict Q3 GDP?

Posted on October 1, 2019 by Popular Economics Weekly

Financial FAQs FRED.org We will be lucky to stay at 2 percent growth in this third quarter ending in September. So say a survey of economists, with a PMI Composite FLASH reading of next week’s manufacturing and non-manufacturing surveys flat, … Continue reading →

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Strong Home Sales Mean What?

Posted on September 19, 2019 by Popular Economics Weekly

The Mortgage Corner   It looks like home sales are are defying expectations of an economic slowdown, as both existing and pending home sales are rising. Pending sales measure contracts scheduled to close in 30-60 days, which is a sign … Continue reading →

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Why Make America Small Again?

Posted on September 17, 2019 by Popular Economics Weekly

Popular Economics Weekly ResearchPew Why make America small again is the question Americans should be asking President Donald Trump whose immigration policies are designed to do just that. He would reduce immigration flows by 50 percent, if he and his … Continue reading →

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Fear of Recession Rises as Wholesale Prices Fall

Posted on September 11, 2019 by Popular Economics Weekly

The Mortgage Corner MarketWatch The wholesale cost of raw and partly finished goods both fell in August and are negative in the past year, suggesting little inflation in the “pipeline,” according to the Bureau of Labor Statistics. Wholesale inflation has … Continue reading →

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JOLTS Survey Reports Increase in Hiring

Posted on September 10, 2019 by Popular Economics Weekly

Financial FAQs Calculated Risk This Calculated Risk graph for the Labor Department’s Job Openings and Labor Turnover Survey says (almost) all of it. The yellow line signifying job openings is still soaring far above hires (blue line); so much so … Continue reading →

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Why Fewer Jobs Created in August?

Posted on September 9, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch The economy added just 130,000 new jobs in August, marking the smallest increase in three months and offering more evidence that hiring has slowed amid a broadening trade dispute with China that’s disrupted the U.S. and … Continue reading →

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What Happens When % Rates Go Even Lower?

Posted on September 2, 2019 by Popular Economics Weekly

The Mortgage Corner FRED The NAR’s pending home sales index was softer than expected in July, thereby reversing nearly all of its June increase.  That left the index with a slight YOY decline of 0.3 percent.  Those results probably mean … Continue reading →

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Q2 GDP Growth Slowing—What Else?

Posted on August 30, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov The 2nd estimate of second quarter Real Gross Domestic Growth slowed to 2 percent, from 3.1 percent in January. It looks like GDP is slowing to the average rate that has prevailed since the end of … Continue reading →

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