Category Archives: COVID-19

Why So Much Income Inequality?

Posted on September 21, 2021 by Popular Economics Weekly

Answering Kennedy’s Call FREDcpi President Biden hopes to pass the largest piece of social legislation since the New Deal with his upcoming $3.5 trillion social infrastructure bill. But he is finding lots of opposition to such public spending. The NY … Continue reading →

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Strong Retail Sales Show Good Q3 Growth

Posted on September 16, 2021 by Popular Economics Weekly

Popular Economics Weekly FRED/Calculated Risk Retail and Food service sales, ex-gasoline, increased 0.7 percent in a month, and 15.1 percent above August 2020, per the US Census Bureau estimate, which is a sign that economic growth isn’t faltering due to … Continue reading →

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What is Real Inflation?

Posted on September 14, 2021 by Popular Economics Weekly

Financial FAQs FREDcpi “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in August on a seasonally adjusted basis after rising 0.5 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading →

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Where are the Job Openings?

Posted on September 8, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The number of job openings increased to a series high of 10.9 million on the last business day of July, the U.S. Bureau of Labor Statistics reported today. Job openings increased in several industries, with … Continue reading →

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A Disappointing Jobs Report

Posted on September 3, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk When will they come back to work? That is the question economists are asking with the August unemployment report out today. Although the Calculated Risk graph shows how quickly job creation has recovered in comparison … Continue reading →

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California’s NIMBY Problem

Posted on August 30, 2021 by Popular Economics Weekly

The Mortgage Corner Calculated Risk It’s no secret that California has a housing problem. Its bias for single-family, ‘not-in-my-backyard’ (NIMBY) zoning since the 1960s has finally caught up with reality—in the form of more than 150,000 residents homeless and some 700,000 … Continue reading →

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July Housing Sales Stay Strong

Posted on August 25, 2021 by Popular Economics Weekly

The Mortgage Corner Calculated Risk WASHINGTON (August 23, 2021) – Existing-home sales rose in July, marking two consecutive months of increases, according to the National Association of Realtors®. Three of the four major U.S. regions recorded modest month-over-month gains, and … Continue reading →

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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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