Category Archives: Economy

Economic Growth Becoming More Sustainable?

Financial FAQs The analogy that best describes current economic conditions is one where we are in a race to recover from COVID-19 while a European war is raging. The U.S. economy has slowed from a warp speed of 100 mph … Continue reading →

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Inflation Not the Real Problem

The Mortgage Corner FREDcpi Why do polls say we are going in the wrong direction and the economy isn’t doing well? Fifty-two percent of American adults say they are worse off financially than they were a year ago, according to … Continue reading →

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Inflation Cooling, Manufacturing Stays Hot

Financial FAQs FREDpce Inflation hawks that keep calling for more Fed rate hikes see a recession coming. But what if inflation is already beginning to decline? The rate of inflation over the past year was unchanged at 6.3 percent in … Continue reading →

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Developing a Livable Community

Answering Kennedy’s Call What are the requirements for a livable community? As recently as 2005, the Institute of American Architects said that “. . . broadly speaking, a livable community recognizes its own unique identity and places a high value … Continue reading →

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Jobs Picture Reduces Inflation Worries

Popular Economics Weekly Calculated Risk Weekly initial unemployment claims are holding at the lowest level since 1970, which is a sign of an extremely tight labor market. In the week ending June 18, the advance figure for seasonally adjusted initial … Continue reading →

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Higher Inflation Doesn’t Mean Stagflation

Financial FAQs The current headlines would have us believe the bipartisan $1.9 trillion American Rescue Plan and $1.2 trillion American Infrastructure Investment and Jobs Act approved overwhelmingly by both Democrats and Republicans in 2021 will cause prolonged inflation and perhaps lead … Continue reading →

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May’s Strong Jobs Report

Popular Economics Weekly MarketWatch.com “U.S. stocks fell Friday after better-than-expected May payrolls data reinforced expectations for a series of interest rate rises by the Federal Reserve in coming months,” was MarketWatch’s headline re May’s unemployment report. The employment report showed … Continue reading →

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An Uncertain Jobs Market

The Mortgage Corner Calculated Risk The financial markets will be watching tomorrow’s unemployment report closely to see if job growth remains strong, or weakens in the face of the many uncertainties plaguing markets, such as soaring inflation and rising interest … Continue reading →

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Consumers Disregard Latest Inflation Data

Financial FAQs FREDpersonalconsumption The Federal Reserve’s Personal Consumption Expenditures Index (PCE), its preferred inflation indicator, rose just 0.2 percent in April to mark the smallest increase in a year and a half, aided by a decline in gas prices. The … Continue reading →

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U.S. Economy Resumes Growth in Q2

Popular Economics Weekly The panic selling in financial markets of late is in part because first quarter 2022 GDP growth contracted after last year’s huge 5.6 percent growth surge, triggering worries of an imminent recession. The U.S. economy shrank by … Continue reading →

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