Category Archives: Consumers

March Job Creation Exceeds Population Growth

Posted on April 5, 2019 by Popular Economics Weekly

Popular Economics Weekly Stanford economist and Former Chief Economic Advisor Ed Lezear said this morning on CNBC that job creation still exceeds population growth, which is a sign the US economy continues to expand, but at a slower rate. “Total … Continue reading →

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Ignore the Bad News-Goldilocks Is Back!

Posted on April 1, 2019 by Popular Economics Weekly

Financial FAQs Why has the Fed stopped raising their interest rates? Because this is the lowest inflation rate for ‘core’ consumption expenditures in three decades, as this FRED graph from 1980 onward portrays. fred stlouisfed.org. “We are almost 10 years … Continue reading →

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Near-Record Home Sales Combine with Record Low Interest Rates

Posted on March 25, 2019 by Popular Economics Weekly

The Mortgage Corner Graph: Econoday Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors. Three of the four major U.S. regions saw sales gains, while the Northeast remained … Continue reading →

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Who’s Most Damaged by Trade Wars??

Posted on March 22, 2019 by Popular Economics Weekly

Popular Economics Weekly Why cannot the Trump administration make $1 + $1 = $2? It’s obvious to all major economists and anyone with basic arithmetic skills that foreign tariffs not only raise the prices of those imports to US, which … Continue reading →

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Why Do We Depend on the Fed??

Posted on March 20, 2019 by Popular Economics Weekly

Financial FAQs The March FOMC meeting ended today, the Fed left rates unchanged, and financial markets are spinning their wheels attempting to guess what happens next—e.g., how many rates hikes this year? The Fed’s decision to pause their rate hikes … Continue reading →

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ANSWERING the KENNEDYS CALL FOR PEACE

Posted on March 18, 2019 by Popular Economics Weekly

The Rebuilding of Local Communities! Where does the rebuilding of local communities that creates a sense of healthy community itself really happen? At the local level, whether it be in neighborhoods, towns, or cities. It is everywhere residents find a … Continue reading →

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Why No Inflation??

Posted on March 12, 2019 by Popular Economics Weekly

Financial FAQs Econoday There is almost no inflation, and the markets love it, as both stocks and bonds are rallying on news. The Consumer Price Index rose just 1.5 percent in February, and its core without more volatile food and … Continue reading →

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Homeownership Expands Again

Posted on March 11, 2019 by Popular Economics Weekly

The Mortgage Corner Washington Post “New data indicate that in 2016, in defiance of myriad prognostications, the decade-long decline in the homeownership rate abruptly reversed. Once-rapid growth in renter households stalled, and the long-stagnant number of owner-led households began rising,” … Continue reading →

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Can US Service Sector Boom Reduce Our Deficits?

Posted on March 6, 2019 by Popular Economics Weekly

Popular Economics Weekly Econoday.com All 18 non-manufacturing industries reported growth in February, according to the ISM’s non-manufacturing index, which gives a monthly overview of service sector activity. This is huge and says the service sector that makes up two-thirds of … Continue reading →

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Q4 Real GDP Growth Still Good

Posted on March 1, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the “initial” estimate released by the Bureau of Economic Analysis. In the third … Continue reading →

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