Category Archives: Economy

Economic Growth Is Slowing

Posted on July 26, 2019 by Popular Economics Weekly

Financial FAQs BEA.gov Gross domestic product, the official report card on the economy, grew at a 2.1 percent annual pace from the start of April to the end of June, the government said Friday. GDP slowed from a 3.1 percent … Continue reading →

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What Happened to Main Street?

Posted on July 22, 2019 by Popular Economics Weekly

Popular Economics Weekly FRED The main reason we have suffered from historically slow growth and stagnated wages since the Great Recession is in large part due to so-called trickle-down economics, the fallacy that concentrating most of the largess of economic … Continue reading →

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It’s Up To the Consumers!

Posted on July 22, 2019 by Popular Economics Weekly

Popular Economics Weekly Consumers are feeling good enough to keep the US economy from sinking into recession at the moment. The consumer sentiment survey edged up to 98.4 this month from 98.2 in June, according to a preliminary reading from … Continue reading →

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Great Retail Sales!

Posted on July 16, 2019 by Popular Economics Weekly

Financial FAQs Econoday.com Retail sales rose in June for the fourth month in a row, quieting concerns that the trade wars and weaker manufacturing output would also drag down consumer spending. The most surprising strength in the report was a … Continue reading →

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Why Are Worry About Low Inflation?

Posted on July 15, 2019 by Popular Economics Weekly

Popular Economics Weekly Reuters.com Almost everyone, including Fed Chair Powell, is worried about the low inflation rate.  It’s usually nearing 4 percent at this late stage of an economic recovery, not the current 2 percent if the US economy were … Continue reading →

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Why the Huge Jobs Report?

Posted on July 5, 2019 by Popular Economics Weekly

Financial FAQS MarketWatch The unemployment rate edged up to 3.7 percent from 3.6 percent as more than 300,000 people entered the labor force in search of work, the Labor Department said Friday. That has confounded those that see slowing economic … Continue reading →

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Housing Market in Gradual Decline?

Posted on July 4, 2019 by Popular Economics Weekly

The Mortgage Corner Econoday Happy 4th of July, everyone, even though it looks like we are nearing the end of this housing cycle; and maybe this business cycle as well.  But we can still celebrate what is now the longest … Continue reading →

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Manufacturing slows as Trade Wars Quicken

Posted on July 3, 2019 by Popular Economics Weekly

Popular Economics Weekly Trade wars are not really winnable anymore—at least the way President Trump wants to conduct them—or any wars for that matter. This is because we no longer live in a win-lose world where the strong are able … Continue reading →

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The Presidential Debates—Will Democracy Survive?

Posted on July 1, 2019 by Popular Economics Weekly

Popular Economics Weekly Graph: Washington Post Much of the media lament over the first Democratic Presidential debates was whether the Democratic Party had moved too far to the left on immigration and healthcare—whether it was about decriminalizing Central American immigrants … Continue reading →

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How to Provide More Housing For Everyone?

Posted on June 19, 2019 by Popular Economics Weekly

ANSWERING THE KENNEDYS’ CALL thelundreport.org I said in an earlier column “that part of the solution to the housing and homeless crisis has to be the responsibility of governments.” But the Silicon Valley giants Google, Apple, and Washington State’s Microsoft … Continue reading →

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