Category Archives: Consumers

Housing Prices Rising Too Fast

Posted on April 4, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: Marketwatch Housing prices are rising too fast to be sustainable over the long term says CoreLogic, a leading global property information, analytics provider. So buyers should be aware such unsustainable price rises could lead us into … Continue reading →

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Q4 GDP Growth Up 2.9% Q/Q

Posted on April 2, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday Fourth quarter Gross Domestic Product, the total value of the country’s production of purchases of domestically-produced goods and services by individuals, businesses, foreigners and government entities, rose to 2.9 percent from 2.6 percent in its third … Continue reading →

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Manufacturing Leading 2018 US Growth For How Long?

Posted on March 26, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Econoday US manufacturing looks to lead US economic activity this year. Why? Durable goods orders are growing incredibly fast, which are any products that last more than 3 years. This means aircraft and military goods, as … Continue reading →

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Housing Sales, Leading Growth Indicator, Higher

Posted on March 23, 2018 by Popular Economics Weekly

The Mortgage Corner Higher new and existing-home sales, and continued economic growth are the reason the Fed raised their overnight rate into a range between 1.5 to 1.75 percent on Wednesday. Even with consistently low inventory levels and faster price … Continue reading →

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Single Family Construction, Consumer Sentiment, Higher

Posted on March 20, 2018 by Popular Economics Weekly

The Mortgage Corner The US economy is booming, even with trade wars looming, and Putin attacking democratic institutions everywhere. The good news is interest rates and inflation are still extremely low, and consumers ebullient over their current status. Why not, … Continue reading →

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Where is the Inflation, Higher Growth?

Posted on March 14, 2018 by Popular Economics Weekly

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading →

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A Gangbusters February Employment Report

Posted on March 9, 2018 by Popular Economics Weekly

Popular Economics Weekly The U.S. added 313,000 new jobs in February, the biggest gain in a year and a half and clear evidence that a strong economy has plenty of room to keep expanding, said Marketwatch. The unemployment rate of … Continue reading →

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Whither Go Interest Rates?

Posted on March 8, 2018 by Popular Economics Weekly

The Mortgage Corner Existing-home resales weakened in January as the NAR’s pending home sales index fell sharply and is pointing to trouble for final sales of existing homes where the year-on-year rate for January had already fallen back below the … Continue reading →

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How Bad Is Our Trade Deficit?

Posted on March 7, 2018 by Popular Economics Weekly

Financial FAQs President Trump just announced a 25 percent tariff (tax) on imported steel, and 10 percent tariff on aluminum. Will this improve our 2017 $566 billion trade deficit? Can we lower our trade deficit with higher tariffs on such … Continue reading →

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How Bad Is Our Trade Deficit?

Posted on March 7, 2018 by Popular Economics Weekly

Financial FAQs President Trump just announced a 25 percent tariff (tax) on imported steel, and 10 percent tariff on aluminum. Will this improve our 2017 $566 billion trade deficit? Can we lower our trade deficit with higher tariffs on such … Continue reading →

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