Category Archives: Weekly Financial News

April Retail, Consumer Spending Just Ok

Posted on May 16, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Marketwatch Consumers have to do better, if GDP growth is to exceed 3 percent, as the recent tax cut bill promised. Consumer spending was weak in the first quarter and the first look at the second … Continue reading →

Posted in Consumers, Economy, Housing, Weekly Financial News | Tagged , , | Leave a comment

Our ‘Drip-Down’ Economy

Posted on May 10, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Marketwatch The results are already in on the current administrations tax and economic policies. They are carrying Ronald Reagan’s trickle-down economy to an even lower level. Let’s call it the ‘Drip-Down Economy’, since none of the … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

A 17-year Low Jobs Rate

Posted on May 4, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Market.com Total nonfarm payroll employment increased by 164,000 in April, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, manufacturing, … Continue reading →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , | Leave a comment

When is the Next Recession?

Posted on May 2, 2018 by Popular Economics Weekly

Financial FAQs Graph: TradingEconomics.com We are nearing the end of the second-longest growth cycle since the Clinton era’s 10-year 1991-2001 boom years; because once again a huge amount of debt has accumulated that ultimately has to be paid for. Are … Continue reading →

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Good Initial Q1 GDP Growth

Posted on April 28, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: bea.gov Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the first quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , | Leave a comment

New-Home Sales, Consumer Confidence Booming

Posted on April 26, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: Econoday In spite of rising mortgage rates, new-home sales are booming and consumer confidence is at multi-year highs. March new-home sales rose 4.0 percent annualized to 694,000 and is just off the expansion high of 711,000 … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

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 →

Posted in Economy, Macro Economics, Uncategorized, Weekly Financial News | Tagged , , , , | Leave a comment

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 →

Posted in Economy, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Housing Prices Rising Too Fast

Posted on April 4, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: Marketwatch Housing prices are rising too fast to be sustainable over the long term says CoreLogic, a leading global property information, analytics provider. So buyers should be aware such unsustainable price rises could lead us into … Continue reading →

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , | Leave a comment

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 →

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , , | Leave a comment