Tag Archives: business

No Recession At All?

Popular Economics Weekly Ho hum, another good economic number. December retail sales are telling us why we have avoided a recession this year. It’s because consumers have increased rather than reduced their spending ways. Sales at retailers jumped +0.6 percent … Continue reading

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

Consumers Much Happier This Season

Financial FAQs Consumer confidence in December as measured by the Conference Board’s Consumer Confidence Index is rising again; it jumped 10 points to 110.7 from 101. Why should that be, with all the doom and gloom and geopolitical uncertainty bombarding … Continue reading

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

Higher Productivity Lowers Inflation

Financial FAQs Why has the Fed got it so wrong with inflation, even though the inflation rate has been falling steadily for more than a year? Paul Krugman in a recent NYTimes Op-ed said the personal consumption expenditure deflator (PCE) … Continue reading

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