Category Archives: Economy

Why the Record 2018 Trade Deficit?

Posted on March 7, 2019 by Popular Economics Weekly

Financial FAQs BEA.gov The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $59.8 billion in December, up $9.5 billion from $50.3 billion in November, revised. This was not good … Continue reading →

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Can US Service Sector Boom Reduce Our Deficits?

Posted on March 6, 2019 by Popular Economics Weekly

Popular Economics Weekly Econoday.com All 18 non-manufacturing industries reported growth in February, according to the ISM’s non-manufacturing index, which gives a monthly overview of service sector activity. This is huge and says the service sector that makes up two-thirds of … Continue reading →

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Q4 Real GDP Growth Still Good

Posted on March 1, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the “initial” estimate released by the Bureau of Economic Analysis. In the third … Continue reading →

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Why the Record Low Interest Rates?

Posted on February 26, 2019 by Popular Economics Weekly

The Mortgage Corner fred.stlouisfed.org The 30-year fixed rate conforming mortgage rate fell to a 1-year low, according to Freddie Mac, the GSE still in government conservatorship, and major purchaser of conforming conventional mortgages. The 30-year fixed-rate averaged 4.35 percent in … Continue reading →

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Housing Market Still Alive and Well!

Posted on February 20, 2019 by Popular Economics Weekly

The Mortgage Corner Calculated Risk The Mortgage Bankers Association said last week its Builder Applications Survey data for January showed mortgage applications for new home purchases jumped by 43 percent from December, though was unchanged from a year ago.  This … Continue reading →

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What If No Brexit Deal?

Posted on February 20, 2019 by Popular Economics Weekly

Popular Economics Weekly Equalitytrust.org We know why the UK voted to exit the EU—UK working class anger at not gaining many of the benefits from joining the EU, while experiencing its downside with the influx of eastern EU citizens that … Continue reading →

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Modern Infrastructure A Must for Climate Change

Posted on February 18, 2019 by Popular Economics Weekly

Answering the Kennedys Call World Economic Forum There is something we can do as a country to mitigate the catastrophic changes that global warming is already wreaking on whole populations. Accelerate development of a modern for-the-22nd Century infrastructure. It will … Continue reading →

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More Job Creation Coming

Posted on February 14, 2019 by Popular Economics Weekly

Popular Economics Weekly Wrightson-ICAP The number of job openings reached a series high of 7.3 million on the last business day of December, the U.S. Bureau of Labor Statistics reported yesterday. Over the month, hires and separations were little changed … Continue reading →

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What Green New Deal?

Posted on February 12, 2019 by Popular Economics Weekly

Popular Economics Weekly The Green New Deal resolution introduced in the House by Massachusetts Sen. Ed Markey (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) as H. RES.____ is really the vision of what a fully-realized United States of America could look … Continue reading →

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Can U.S. Economy Weather Trade Wars?

Posted on February 5, 2019 by Popular Economics Weekly

Financial FAQs Econoday.com Why is manufacturing doing so well in the face of rising tariffs—in January when mid-winter business activity tends to slow? Consumers flush with cash from rising wages and full employment are powering higher domestic demand. Exports, on … Continue reading →

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