Category Archives: Weekly Financial News

Why Have a Debt Ceiling Debate?

Posted on October 7, 2021 by Popular Economics Weekly

Financial FAQs FREDdebtgdp We might have just been saved from an immediate default on the national debt with all of its consequences. Senate Minority Leader Mitch McConnell late on Wednesday made a new offer to the Democratic-run Senate as lawmakers … Continue reading →

Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News | Leave a comment

U.S. Manufacturing Output Surging

Posted on October 4, 2021 by Popular Economics Weekly

Financial FAQs FREDmanuoutput Growth in the U.S. manufacturing sector is exploding, according to the Institute for Supply Managers Report on Business. Output is up 17 percent in Q2 2021 YoY. It is a great sign of overall economic growth for … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

How Do We Build More Housing?

Posted on September 22, 2021 by Popular Economics Weekly

The Mortgage Corner Calculated Risk The housing market is cooling as is the fall weather. It’s not good news for those needing to live somewhere, given the low for sale inventory. But interest rates still remain at record lows, with … Continue reading →

Posted in Consumers, COVID-19, Housing, housing market, Weekly Financial News | Leave a comment

Strong Retail Sales Show Good Q3 Growth

Posted on September 16, 2021 by Popular Economics Weekly

Popular Economics Weekly FRED/Calculated Risk Retail and Food service sales, ex-gasoline, increased 0.7 percent in a month, and 15.1 percent above August 2020, per the US Census Bureau estimate, which is a sign that economic growth isn’t faltering due to … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

What is Real Inflation?

Posted on September 14, 2021 by Popular Economics Weekly

Financial FAQs FREDcpi “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in August on a seasonally adjusted basis after rising 0.5 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

Where are the Job Openings?

Posted on September 8, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The number of job openings increased to a series high of 10.9 million on the last business day of July, the U.S. Bureau of Labor Statistics reported today. Job openings increased in several industries, with … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

A Disappointing Jobs Report

Posted on September 3, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk When will they come back to work? That is the question economists are asking with the August unemployment report out today. Although the Calculated Risk graph shows how quickly job creation has recovered in comparison … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment

Job Openings At Record High

Posted on August 12, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The number of job openings increased to a series high of 10.1 million on the last business day of June (yellow line on CR graph), the U.S. Bureau of Labor Statistics reported on Monday. It seems … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Leave a comment

Another Strong Jobs Report

Posted on August 6, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com This was another very strong unemployment report by the Bureau of Labor Statisticss (BLS) with 943,000 new nonfarm payroll jobs added in July and most of it in the service industries. Leisure/Hospitality, Government, Education/Health, and Professional/Business … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | 1 Comment

Can We Have a Soft Landing?

Posted on August 2, 2021 by Popular Economics Weekly

The Mortgage Corner CBO Fed Chair Alan Greenspan in early 2000 convinced GW Bush that he could finance GW’s war on terror without raising taxes by borrowing money at ultra-low interest rates. America’s sovereign debt had AAA credit rating at … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Leave a comment