Category Archives: Economy

Government Is Solution (Not the Problem)

Posted on December 5, 2022 by Popular Economics Weekly

Financial FAQs BEA.gov It looks increasingly like the economy is doing the Federal Reserve’s work in bringing down inflation, says the most recent economic data. And our government is doing its part. Much of recently enacted U.S. government programs will … Continue reading →

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Too Many New Jobs?

Posted on December 2, 2022 by Popular Economics Weekly

Popular Economics Weekly FREDavghourlywages The Fed Governors won’t like this morning’s unemployment report. The U.S. Census Bureau just reported that 263,000 nonfarm payroll jobs were created in November and average hourly wages are still rising 5.1 percent annually. To make … Continue reading →

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Inflation Decline Accelerating

Posted on December 1, 2022 by Popular Economics Weekly

Financial FAQs The Personal Consumption Expenditure Index (PCE) is declining as well, which is a broader measure of inflation preferred by the Federal Reserve than the Consumer Price Index (CPI). This is probably why Fed Chair Powell sounded more dovish … Continue reading →

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Q3 Economic Growth Even Higher!

Posted on November 30, 2022 by Popular Economics Weekly

Popular Economics Weekly BEA.gov What is going on? The U.S. of Economic Analysis (BEA) just revised third quarter GDP growth higher, from 2.6 percent to 2.9 percent. And why? Mainly because consumers upped their spending in Q3, which increased 1.7 … Continue reading →

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Record Amount Housing Under Construction

Posted on November 28, 2022 by Popular Economics Weekly

The Mortgage Corner Calculated Risk There are a record number of housing units under construction, in part because of pandemic delays in construction (e.g., material shortages), but also because home sales have fallen sharply since the Fed’s rate hikes. This … Continue reading →

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Is It a Recession or Recovery?

Posted on November 21, 2022 by Popular Economics Weekly

Popular Economics Weekly The recent 1,000 + point surge of the DOW following news of declining inflation in the latest CPI report may have been prompted by the Leuthold Group’s noted market analyst Jim Paulsen in a recent CNBC interview, … Continue reading →

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Inflation Not Stopping Holiday Shoppers

Posted on November 16, 2022 by Popular Economics Weekly

Popular Economics Weekly When will inflation subside enough to bring down interest rates again? There are estimates that it takes from one year to 10 years to cure large inflation spikes such as occurred this year, based on what pundits … Continue reading →

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Inflation Falling Fast

Posted on November 11, 2022 by Popular Economics Weekly

Financial FAQs CPI inflation declined to 7.7 percent in October compared to a year ago, down from 8.2 percent in September, the government said Thursday. But it’s not making consumers any happier with the approach of the holidays. The University … Continue reading →

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We Would Have A Soft Landing (If Fed Will Listen)

Posted on November 8, 2022 by Popular Economics Weekly

Financial FAQs FREDdurablegoods After four consecutive 0.75 percent rate hikes, the Fed should slow down its rate increases, say at least three Federal Reserve Governors. That is good news as we try to assess the likelihood of another recession. It’s … Continue reading →

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Americans Still Fully Employed

Posted on November 4, 2022 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Every sector added jobs in October’s nonfarm unemployment report except mining, and the unemployment rate is still at a record low of 3.7 percent, even with the Fed promising to continue to raise interest rates. “Total … Continue reading →

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