Category Archives: Economy

Manufacturing At Two-Year High

Posted on March 2, 2021 by Popular Economics Weekly

Financial FAQs Tradingeconomics Manufacturing activity is roaring back. It joins construction and housing sales as the main drivers of economic growth at the moment. And we need all the drivers of economic growth to keep this economy in the black … Continue reading →

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Retail Sales Start 2020’s Boom

Posted on February 17, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk It looks like the 2020’s economy is beginning to roar as retail sales jumped 5.3 percent in January 2021, and 7.4 percent since last January. This is just as President Biden’s approximately $1.9 trillion American … Continue reading →

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Another ‘Roaring Twenties’–Part II?

Posted on February 13, 2021 by Popular Economics Weekly

Financial FAQs UMichSentiment For some kind of ‘Roaring Twenties’ recovery to happen, Nobel Prize-winner Joe Stiglitz warns in Project-Syndicate that we must pass President Biden’s $1.9 trillion American Rescue Plan. “Biden’s proposed spending plan is urgently needed. Recently released data … Continue reading →

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The American Rescue Plan Must Pass

Posted on February 10, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The number of job openings was little changed at 6.6 million on the last business day of December, the U.S. Bureau of Labor Statistics reported yesterday. Job growth slowed in January with just 49,000 net … Continue reading →

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January Employment Barely Rises

Posted on February 5, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported today. The US labor market continued to reflect … Continue reading →

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Q4 Growth Weakens

Posted on February 2, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk This Real Gross Domestic Product graph dating from 1959 shows that the US economy in 2020 had its worst contraction since the end of World War II. No surprise given we have the worst COVID-19 … Continue reading →

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Housing Construction Soars

Posted on January 21, 2021 by Popular Economics Weekly

The Mortgage Corner Calculated Risk As much housing is being built today as in 2006 at the height of the housing bubble. What is going on? People want to move away from cities, where fear of COVID-19 contagion is highest, … Continue reading →

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A ‘New’ New Deal

Posted on January 20, 2021 by Popular Economics Weekly

Popular Economics Weekly FREDgdpgrowth Even before his inauguration, the Biden administration announced its ‘new deal’ for a new administration doing government’s business as we recover from the worst recession since the Great Depression of the 1930s.  Yes, this is the … Continue reading →

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Economy Has Room to Expand

Posted on January 14, 2021 by Popular Economics Weekly

Financial FAQs Calculated Risk The latest Job Openings and Labor Turnover Survey (JOLTS) report showed that small businesses are hurting the most during this pandemic with even outdoor dining banned in some regions, such as Southern California, while new hires … Continue reading →

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Job Losses Mount From COVID-19

Posted on January 11, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. “The decline in payroll employment reflects the recent increase in … Continue reading →

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