Category Archives: Economy

Do We Want to Save Planet Earth?

Posted on November 6, 2019 by Popular Economics Weekly

Answering the Kennedys’ Call SF Chronicle President Trump just announced the U.S. will withdraw in one year from the Paris Accord of almost 200 countries that have agreed to significantly limit Greenhouse Gas (GHG) Emissions. This happened within a day … Continue reading →

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Why Today’s Irrational Exuberance?

Posted on November 4, 2019 by Popular Economics Weekly

Financial FAQs Wrightson-ICAP Fed Chairman Alan Greenspan said in a memorable 1996 speech, “…how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over … Continue reading →

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October Employment No Big Deal

Posted on November 2, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment rose by 128,000 in October, and the unemployment rate was little changed at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in food services and drinking … Continue reading →

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A Weak Unemployment Report Tomorrow?

Posted on October 31, 2019 by Popular Economics Weekly

Financial FAQs ADP There could be a sharp drop in new job creation in tomorrow’s Labor Department unemployment report. Why? The GM strike could have shaved as much as 65,000 jobs from the report due to layoffs over the past … Continue reading →

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Lower Q3 GDP Growth = Slowing Economy

Posted on October 30, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the third quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real … Continue reading →

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Do We Need a New Jobs Deal?

Posted on October 24, 2019 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The best picture we have of current and future job trends is the Labor Department’s JOLTS report (i.e., Job Openings and Labor Turnover Survey). Calculated Risk’s colorful graph shows Job Openings (yellow line) hasn’t yet … Continue reading →

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Lower Retail Sales Hint at Weaker Economic Growth Ahead

Posted on October 17, 2019 by Popular Economics Weekly

Popular Economics Weekly Fred U.S. retail sales that mirror consumer spending, which powers some two-thirds of U.S. GDP growth, fell for the first time in seven months in September, raising fears that a slowdown in the American manufacturing sector could … Continue reading →

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The U.S. Economy Is Slowing!

Posted on October 8, 2019 by Popular Economics Weekly

Financial FAQs Late Monday, the U.S. blacklisted 28 Chinese companies because of their alleged role in human-rights violations against Muslim minorities ahead of the high-level discussions which will be led by China Vice Premier Liu He on Thursday. Bloomberg also … Continue reading →

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Lowest Unemployment Rate In 50 Years

Posted on October 4, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch The unemployment rate dropped to a 50-year low, and there are still 6 million jobs available. Private payrolls expanded by 114,000 after an upwardly revised 122,000 advance the prior month, according to a Labor Department report … Continue reading →

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How Much Has US Economy Slowed?

Posted on October 3, 2019 by Popular Economics Weekly

Financial FAQs Calculated Risk It’s a difficult question to answer. We know the US economy is slowing, and the manufacturing activity is already contracting—the first of the four indicators that are used to call a recession—per the ISM’s Manufacturing Diffusion … Continue reading →

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