Category Archives: Economy

Retail Sales Surge While Consumers Pay Down Debt

Posted on November 20, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, likely driven by rebuilding efforts in areas devastated by Hurricane Florence. CBS News reports an economic consulting firm says Hurricane … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , | Leave a comment

Higher Interest Rates Ahead?

Posted on November 14, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com The benchmark 10-year Treasury Bond Yield that determines mortgage and other long term rates ended at 3.13 percent today from 3.11 percent last week with the continued stock market selloff. It was as high as 3.22 … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , , , , | Leave a comment

U.S. Wages At 9-Year High

Posted on November 2, 2018 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in manufacturing, in construction, … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , | Leave a comment

The Budget Buster-In-Chief Wants to Scare US

Posted on November 1, 2018 by Popular Economics Weekly

The Mortgage Corner Federal Budget The Treasury is on track to issue $1.34 trillion in new debt this year, more than double the amount in 2017. The Trump tax cuts and higher government spending are leading to higher borrowing needs, … Continue reading →

Posted in Consumers, Economy, Politics, Uncategorized | Tagged , , , , , | Leave a comment

No Need to Fear Inflation, Or Higher Interest Rates

Posted on October 30, 2018 by Popular Economics Weekly

Popular Economic Weekly Calculated Risk The benchmark 10-year Treasury Bond Yield fell back to 3.11 percent today with the stock market selloff, down from as high as 3.22 percent last week. And Gross Domestic Product rose 3.5 percent in Q3’s … Continue reading →

Posted in Economy, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

Government Is the Solution, Not the Problem

Posted on October 19, 2018 by Popular Economics Weekly

ANSWERING THE KENNEDYS CALL Graph: NOAA.gov “With clear benefits to people and natural ecosystems, limiting global warming to 1.5ºC compared to 2ºC could go hand in hand with ensuring a more sustainable and equitable society, the Intergovernmental Panel on Climate … Continue reading →

Posted in Economy, Politics, Uncategorized | Tagged , , , | Leave a comment

Record Income Inequality = U.S. Credit Downgrade?

Posted on October 17, 2018 by Popular Economics Weekly

Financial FAQs Graph: MarketWatch The current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession (when homeowners lost a collective $9 trillion in value) is taking a new turn with Moody’s Investor … Continue reading →

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , | Leave a comment

A Weak Jobs Report?

Posted on October 5, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: MarketWatch “The unemployment rate declined to 3.7 percent in September, and total nonfarm payroll employment increased by 134,000, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, in health … Continue reading →

Posted in Economy, Macro Economics, Weekly Financial News | Tagged , , , | Leave a comment

Strong Employment Report Due Tomorrow?

Posted on October 4, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday ADP, or Automatic Data Processing, predicts 230,000 private payroll jobs could be created in September per tomorrow’s U.S. unemployment report. The reason is both the manufacturing and non-manufacturing (service) sectors reported strong hiring in their ISM … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Housing Supply Still Too Low

Posted on October 1, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: Econoday Most of the construction activity is in the commercial sector, at the moment, though sales of newly-constructed homes rose 3.5 percent compared to July. The pace of new-home sales in August was 12.7 percent higher … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , | Leave a comment