Category Archives: Housing

Our Housing Problem

Posted on September 25, 2024 by Popular Economics Weekly

The Mortgage Corner We know we have a housing shortage, but not how to fix it. Politicos are finally beginning to take notice because of the damage that has been done—especially to working Americans who can no longer afford a … Continue reading →

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Inflation Still in Decline

Posted on September 12, 2024 by Popular Economics Weekly

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading →

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Economy Has Landed–Part II

Posted on September 6, 2024 by Popular Economics Weekly

Popular Economics Weekly Fed Chairman Powell finally admitted the U.S. economy has made a soft landing at this year’s Jackson Hole Federal Reserve Conference. “The labor market is no longer overheated, and conditions are now less tight than those that … Continue reading →

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When Will Housing Recover–Part II

Posted on August 27, 2024 by Popular Economics Weekly

The Mortgage Corner Federal Reserve Chair Powell has said the Fed is about to cut interest rates, so I’ve been wondering if the housing industry can come out of its self-made recession? One good sign is that existing-home sales ticked up … Continue reading →

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U.S. Economy Has Landed

Posted on August 24, 2024 by Popular Economics Weekly

Popular Economics Weekly GETTY It’s about time. Fed Chairman Powell has finally admitted in so many words that the U.S. economy made a ‘soft landing’; economists’ term for inflation to have declined sufficiently that the Fed can begin to ease … Continue reading →

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When Will Housing Recover?

Posted on August 7, 2024 by Popular Economics Weekly

The Mortgage Corner With the Federal Reserve saying it is about to cut rates, will the housing sector finally come out of its own recession? All the indicators of housing health—existing-home sales, new-home sales, construction, and for sale inventories—are at … Continue reading →

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Much Improved Q2 Economic Growth

Posted on July 25, 2024 by Popular Economics Weekly

Financial FAQs Today’s second quarter Gross Domestic Product (GDP) grew 2.8 percent, double first quarter’s 1.4 percent, which will give a huge boost to confidence that no recession is imminent, but also enough ammunition for the inflation hawks that say … Continue reading →

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Retail Sales Falter

Posted on July 16, 2024 by Popular Economics Weekly

The Mortgage Corner Fed Chair Powell has said it again. Second-quarter economic data including last week’s consumer price report “do add somewhat” to confidence that inflation is heading down to the central bank’s 2 percent goal at an Economic Club … Continue reading →

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Prices Are Falling!

Posted on July 11, 2024 by Popular Economics Weekly

Popular Economics Weekly Today could be historic for inflation watchers. It’s the first time since July 2022 that retail prices as measured by the U.S. Consumer Price Index (CPI) have declined. It will be history making and effect the financial … Continue reading →

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Fewer Jobs, Lower Rates?

Posted on July 6, 2024 by Popular Economics Weekly

Popular Economics Weekly June’s unemployment report was weaker than expected. It looks like the labor market is slowing enough to convince the Fed that interest rates should come down. Not only fewer nonfarm payroll jobs were added to payrolls, but … Continue reading →

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