Category Archives: Consumers

What Happened to Main Street—Part II?

Posted on July 29, 2019 by Popular Economics Weekly

Popular Economics Weekly FRED Corporate responsibility is back in the air with a vengeance; not only from Senators Elizabeth Warren and Bernie Sanders who constantly remind us on the campaign trail that corporate misbehavior has tilted the “playing field” of … Continue reading →

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Economic Growth Is Slowing

Posted on July 26, 2019 by Popular Economics Weekly

Financial FAQs BEA.gov Gross domestic product, the official report card on the economy, grew at a 2.1 percent annual pace from the start of April to the end of June, the government said Friday. GDP slowed from a 3.1 percent … Continue reading →

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Why Are Home Sales Declining?

Posted on July 24, 2019 by Popular Economics Weekly

The Mortgage Corner Weekly FRED WASHINGTON (July 23, 2019) – Existing-home sales weakened in June, as total sales saw a small decline after a previous month of gains, said the National Association of Realtors®. While two of the four major … Continue reading →

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What Happened to Main Street?

Posted on July 22, 2019 by Popular Economics Weekly

Popular Economics Weekly FRED The main reason we have suffered from historically slow growth and stagnated wages since the Great Recession is in large part due to so-called trickle-down economics, the fallacy that concentrating most of the largess of economic … Continue reading →

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It’s Up To the Consumers!

Posted on July 22, 2019 by Popular Economics Weekly

Popular Economics Weekly Consumers are feeling good enough to keep the US economy from sinking into recession at the moment. The consumer sentiment survey edged up to 98.4 this month from 98.2 in June, according to a preliminary reading from … Continue reading →

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Great Retail Sales!

Posted on July 16, 2019 by Popular Economics Weekly

Financial FAQs Econoday.com Retail sales rose in June for the fourth month in a row, quieting concerns that the trade wars and weaker manufacturing output would also drag down consumer spending. The most surprising strength in the report was a … Continue reading →

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Why Are Worry About Low Inflation?

Posted on July 15, 2019 by Popular Economics Weekly

Popular Economics Weekly Reuters.com Almost everyone, including Fed Chair Powell, is worried about the low inflation rate.  It’s usually nearing 4 percent at this late stage of an economic recovery, not the current 2 percent if the US economy were … Continue reading →

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Housing Market in Gradual Decline?

Posted on July 4, 2019 by Popular Economics Weekly

The Mortgage Corner Econoday Happy 4th of July, everyone, even though it looks like we are nearing the end of this housing cycle; and maybe this business cycle as well.  But we can still celebrate what is now the longest … Continue reading →

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The Presidential Debates—Will Democracy Survive?

Posted on July 1, 2019 by Popular Economics Weekly

Popular Economics Weekly Graph: Washington Post Much of the media lament over the first Democratic Presidential debates was whether the Democratic Party had moved too far to the left on immigration and healthcare—whether it was about decriminalizing Central American immigrants … Continue reading →

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Who Can Still Afford to Buy a Home?

Posted on June 24, 2019 by Popular Economics Weekly

The Mortgage Corner MarketWatch That question of who can still afford to buy a home is up in the air, as we say, since home sales have been trending lower of late and there is still a housing shortage. MarketWatch’s … Continue reading →

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