Category Archives: Economy

Job Openings Still At Record Level

Posted on March 18, 2016 by Popular Economics Weekly

Popular Economics Weekly The number of job openings rose to 5.5 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. It is just below the record high set in July 2015. Hires declined … Continue reading →

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Builder Sentiment Holds, Housing Starts Booming

Posted on March 16, 2016 by Popular Economics Weekly

The Mortgage Corner Builder confidence in the market for newly-built single-family homes was unchanged in March at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).“Confidence levels are hovering above the 50-point mid-range, … Continue reading →

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We Need More Productive Investment

Posted on March 15, 2016 by Popular Economics Weekly

Financial FAQs Consumers’ financial health has substantially improved in 2015, according to the Fed’s 2015 Q4 Flow of Funds report, plus, their real wages are rising because of lower inflation. And since consumer income drives aggregate demand—the overall demand for … Continue reading →

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Consumer Finances Much Healthier

Posted on March 11, 2016 by Popular Economics Weekly

Financial FAQs Consumers’ financial health has substantially improved in 2015, and their net worth has now surpassed that of pre-recession 2006, according to the Fed’s 2015 Q4 Flow of Funds report. That is the main reason economic growth prospects have … Continue reading →

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Why Did Michael Moore Invade Those Countries?

Posted on March 9, 2016 by Popular Economics Weekly

Popular Economics Weekly The answer is so simple, and sad. Mr. Moore’s latest eye-opening documentary, “Where To Invade Next?” visits countries that have learned from, and adopted our laws and policies, policies that no longer exist in the U.S. of … Continue reading →

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Job Market Grows Stronger

Posted on March 4, 2016 by Popular Economics Weekly

Popular Economics Weekly Americans are going back to work, though mostly in lower paying jobs at the moment. That’s why those states and cities raising their minimum wage rate are so important for growth. The U.S. added 242,000 new jobs … Continue reading →

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Construction Boosted By Public Works, Offices

Posted on March 2, 2016 by Popular Economics Weekly

The Mortgage Corner We are already seeing the results of the $1.1T budget agreement, and $305 STIRR Surface Transportation and Highway Trust Fund bill. Construction spending rose a strong 1.5 percent in January due to a surge in highway & … Continue reading →

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Higher GDP, Consumer Spending Will Boost 2016 Growth

Posted on February 29, 2016 by Popular Economics Weekly

Financial FAQs Q4 GDP growth was just revised upward to 1.0 percent, from the 0.7 percent first estimate.  This, January’s personal income figures and durable goods orders show consumers and even parts of the manufacturing sector are still expanding, which … Continue reading →

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Inflation Is Bringing Back Higher Growth!

Posted on February 23, 2016 by Popular Economics Weekly

Popular Economics Weekly Consumer prices are on the rise and the Fed’s December rate hike doesn’t look misplaced at all, says Econoday. Year-on-year core prices (without food and energy prices) rose 1 tenth to plus 2.2 percent for the highest … Continue reading →

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How Extreme is Bernie’s Economic Vision?

Posted on February 22, 2016 by Popular Economics Weekly

Popular Economics Weekly Major progressive economists are protesting Bernie Sanders predictions of robust economic growth and jobs if his policies are enacted. What are his policies? Policies he claims will give Americans what the other developed countries already offer to … Continue reading →

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