Category Archives: Economy

A Soft Landing For Energy?

Financial FAQs eia.gov Should Americans worry about the price of gas and oil in coming months because of Russia’s invasion of Ukraine? And might it ultimately cause a recession if energy prices remain elevated? That is what some economists seem … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

Retail Sales Slow, But Will Inflation?

Popular Economics Weekly FREDretailsales How much longer will inflation be a problem, even with the Ukraine invasion and soaring gas prices? Retail sales can tell us something about inflation because it powers a major part of economic activity. February retail … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

Wartime Will JOLT Job Formation

Financial FAQs Calculated Risk The last time we had truly full employment in America was during World War Two. It’s a horrible thought, I know, but we ought to look at the ramifications of Putin’s invasion of Ukraine. The world … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Uncategorized, Weekly Financial News | Leave a comment

More Super Job Growth!

Popular Economics Weekly MarketWatch.com Workers are returning to work in every sector of the U.S. economy. They aren’t waiting any longer because of COVID concerns, or supply-chain problems, as the unemployment rate dropped to 3.8 percent from 4 percent, the … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

What is Our State of the Union?

Financial FAQs CDC.gov This is really all we need to know about Americans’ State of the Union’ that President Biden touted last Tuesday in his annual address. Just look how low COVID infection rates have fallen in the CDC’s most … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

What Happens to Economic Growth This Year?

Financial FAQs BEA.gov We now have a looming Cold War with Russia due to its invasion of the Ukraine, as well as inflation to worry about this year. What will it do to economic growth and jobs? Inflation won’t recede … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

Surprise Retail Sales Growth!

Popular Economics Weekly FREDretailsales The New Year brought in another surprise. Sales at U.S. retailers such as Amazon and Best Buy jumped 3.8 percent in January. Americans bought more things: cars, furniture, consumer electronics in a sign that consumers are … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

What Makes Americans Happy?

The Mortgage Corner Why do economists and pundits like to focus so much on consumer confidence, which fluctuates wildly, as the U Michigan sentiment survey graph shows? It rose as high as 112 in February 2000 during the heady Clinton … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

Inflation is Not So Scary

Financial FAQs FREDcpi It can be no surprise that retail prices have risen 7.5 percent in a year. Yet COVID-19 has scared financial markets and some 3 million workers from returning to their pre-pandemic jobs. The question is what can … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, Weekly Financial News | Leave a comment

Surprise January Jobs Growth!

Popular Economics Weekly MarketWatch.com In another surprise that will confound the pessimists who see a looming recession, the U.S. added 467,000 jobs in January and hiring was much stronger at the end of 2021 than originally reported. The U.S. also … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Weekly Financial News | Leave a comment