Category Archives: Economy

What ‘V’– Shaped Recovery?

Posted on July 16, 2020 by Popular Economics Weekly

Popular Economics Weekly FREDInitialClaims It’s becoming obvious to me there will be no ‘V’ shaped economic recovery with positive GDP growth resuming in the fall and winter quarters, after the plunges we are seeing in Q1 and projected Q2 growth. … Continue reading →

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COVID-19—WHO Wins?

Posted on July 8, 2020 by Popular Economics Weekly

Popular Economics Weekly https://twitter.com/jfkirkegaard Conquering the pandemic really means depending on the cooperation across borders of races and ethnicities that separate regions and countries. COVID-19 is winning the battle in those countries and states with the worst outbreaks that believe … Continue reading →

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Why So Much Inequality?

Posted on July 7, 2020 by Popular Economics Weekly

Financial FAQs Wrightson/ICAP Nobel Laureate and NYTimes columnist Paul Krugman has said it would probably take something on the scale of an alien invasion to create the emergency programs and policies that would benefit all Americans, such as another New … Continue reading →

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Why the Uneven Recovery?

Posted on July 2, 2020 by Popular Economics Weekly

Financial FAQs Wrightson.com Consumer confidence is returning from its recent lows over the past two months with it main index up 12.1 points for a 3-month high in May as the lockdowns ease in some states, said the Conference Board … Continue reading →

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Job Losses Still Too High

Posted on June 25, 2020 by Popular Economics Weekly

Popular Economics Weekly St.LouisFRED The U.S. economy is recovering very slowly, in part because the number filing for first-time unemployment benefits is still too high (see above graph). Why? Businesses are still shedding workers because the COVID-19 pandemic is not … Continue reading →

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Economic Recovery Picks Up Steam

Posted on June 16, 2020 by Popular Economics Weekly

Popular Economics Weekly FREDUMich The head of steam analogy seems to be working for our economic recovery, as consumers let off steam after two months of staying at home with a burst of shopping activity from the re-openings. We said … Continue reading →

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The Recession Has Arrived, No Big Surprise!

Posted on June 11, 2020 by Popular Economics Weekly

Financial FAQs The Dow plunged 1,862 points on Thursday, as the Business Cycle Dating Committee of the National Bureau of Economic Research, which maintains a chronology of the peaks and troughs in economic activity in the United States, had just … Continue reading →

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May Employment Rise is Big Surprise!

Posted on June 5, 2020 by Popular Economics Weekly

Financial FAQs MarketWatch.com What happened? American workers are suddenly going back on the job; at least 2.5 million of them, according to the Labor Department. That knocks down the number of unemployed to maybe 20 million, and surprised economists. A … Continue reading →

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Why Has U.S. Made Such a Mess of It?

Posted on June 4, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson.com Private sector employment decreased by – 2,760,000 jobs from April to May according to the May ADP National Employment Report®, much less than the original estimate of –8 million jobs. It precedes Friday’s official government unemployment … Continue reading →

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Why Has U.S. Made Such a Mess of It?

Posted on June 3, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson.com Private sector employment decreased by – 2,760,000 jobs from April to May according to the May ADP National Employment Report® released today that precedes Friday’s official government unemployment report for May. Friday’s unemployment report is predicted … Continue reading →

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