Category Archives: Macro Economics

Popular Economics Weekly We will have to wait longer for a recession. October’s Jobs report showed even the unsettled labor strikes didn’t make much of a dent in the labor market. The usual suspects—leisure activities, healthcare, and a booming construction … Continue reading →

Popular Economics Weekly Rather than worry about too much inflation still in the pipeline, we should worry about too little inflation going forward. The Producer Price Index of wholesale goods and services in September was 2.2 percent. It hit the … Continue reading →

Financial FAQs Once again, we begin the countdown to the unemployment report by parsing the Job Openings and Labor Turnover Survey (JOLTS) report on the number of job vacancies in the U.S. economy. The August report shows an extremely tight … Continue reading →

Popular Economics Weekly NBER.org The latest inflation data make it almost unanimous: Chairman Powell, leading economists and even his Fed Governors are saying the Federal Reserve Governors may not raise interest rates again this year, or even next year. Why? … Continue reading →

Financial FAQs FREDcpi Americans want to blame someone for the post-pandemic inflation surge, according to most polls. Yet when in our history has it been a real problem affecting serious economic growth? Consumer prices rose again in August to reach … Continue reading →

Financial FAQs Calculated Risk The latest Job Openings and Labor Turnover Survey (JOLTS) report by the BLS shows there are still a lot of job openings, but that should continue to decline from the post-pandemic high of 12 million job … Continue reading →

Financial FAQs FREDprofits/gdi The St. Louis Fed (FRED) graph of corporate profits as a percentage of Gross Domestic Income (GDI), a good proxy for gross domestic output (GDP), explains much of what boosted inflation during the COVID pandemic. The product … Continue reading →