Category Archives: Economy

Retail Sales, Consumers Resume Spending Ways For How Long?

Posted on April 21, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday “Autos are the big story in March,” said Econoday, “jumping 2.0 percent and finally shaking off the long lull following the replacement surge of September’s hurricanes. Excluding autos, retail sales managed only a 0.2 percent gain … Continue reading →

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Retail Sales, Consumers Resume Spending Ways For How Long?

Posted on April 21, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday “Autos are the big story in March,” said Econoday, “jumping 2.0 percent and finally shaking off the long lull following the replacement surge of September’s hurricanes. Excluding autos, retail sales managed only a 0.2 percent gain … Continue reading →

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The Results of Our Record Income Inequality

Posted on April 10, 2018 by Popular Economics Weekly

Financial FAQs We know the results of trickle-down economic theory that says lower taxes and government regulations are supposed to lift all boats, as epitomized in Republicans’ latest tax bill. After the ninth year of this recovery, just 10 percent … Continue reading →

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Wintry Unemployment Report Chills Markets

Posted on April 6, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Marketwatch The smallest number of nonfarm payroll jobs since last year were created in March—103,000 according to the Bureau of Labor Statistics. But it’s still pushing wages higher—to 2.7 percent annually, and the working population participation … Continue reading →

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Q4 GDP Growth Up 2.9% Q/Q

Posted on April 2, 2018 by Popular Economics Weekly

Financial FAQs Graph: Econoday Fourth quarter Gross Domestic Product, the total value of the country’s production of purchases of domestically-produced goods and services by individuals, businesses, foreigners and government entities, rose to 2.9 percent from 2.6 percent in its third … Continue reading →

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Manufacturing Leading 2018 US Growth For How Long?

Posted on March 26, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Econoday US manufacturing looks to lead US economic activity this year. Why? Durable goods orders are growing incredibly fast, which are any products that last more than 3 years. This means aircraft and military goods, as … Continue reading →

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Housing Sales, Leading Growth Indicator, Higher

Posted on March 23, 2018 by Popular Economics Weekly

The Mortgage Corner Higher new and existing-home sales, and continued economic growth are the reason the Fed raised their overnight rate into a range between 1.5 to 1.75 percent on Wednesday. Even with consistently low inventory levels and faster price … Continue reading →

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Single Family Construction, Consumer Sentiment, Higher

Posted on March 20, 2018 by Popular Economics Weekly

The Mortgage Corner The US economy is booming, even with trade wars looming, and Putin attacking democratic institutions everywhere. The good news is interest rates and inflation are still extremely low, and consumers ebullient over their current status. Why not, … Continue reading →

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Where is the Inflation, Higher Growth?

Posted on March 14, 2018 by Popular Economics Weekly

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading →

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A Gangbusters February Employment Report

Posted on March 9, 2018 by Popular Economics Weekly

Popular Economics Weekly The U.S. added 313,000 new jobs in February, the biggest gain in a year and a half and clear evidence that a strong economy has plenty of room to keep expanding, said Marketwatch. The unemployment rate of … Continue reading →

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