Tag Archives: consumer confidence

Why the Q3 Slowdown Predictions?

Financial FAQs The International Monetary Fund and the Federal Reserve have downgraded their estimates of growth in upcoming quarters. The IMF takes the worldwide view, with particular weakness in the emerging markets of Brazil, Nigeria, South Africa and Russia., and … Continue reading

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Consumers Lead Growth, and Business Investment

Financial FAQs The U.S. economy grew at a faster 3.7 percent annual clip in the second quarter, up from the initial estimate of 2.3 percent, the Commerce Department said Thursday. Why was that a surprise to those short sellers afraid … Continue reading

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Better Economic Growth Coming?

Popular Economics Weekly Barron’s economist Gene Epstein forecasts the possibility tomorrow’s Q2 GDP growth could be revised from 2.3 to 3.5 percent. I believe he’s a bit optimistic, but today’s snapback of stocks does mean that emerging market problems may … Continue reading

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Iran Agreement Means Low Inflation, Higher Growth

Financial FAQs Although economists haven’t yet begun to crunch the numbers, Iran’s agreement not to produce atomic weapons or weapon-grade plutonium for at least 10 years will result in much lower oil prices, thus keeping inflation in check and interest … Continue reading

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Three % Plus YoY Economic Growth Is Here

Popular Economics Weekly We are finally back to 3 percent plus GDP growth on an annual basis. And it is largely fueled by consumer spending that has been increasing as more jobs are created. Retail and Food service sales ex-gasoline … Continue reading

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Higher Retail Sales + Consumer Confidence = Growth

Popular Economics Weekly The consumer showed a lot of life in May, driving up retail sales 1.2 percent with gains sweeping nearly all components. A leading component in the month was motor vehicle sales which jumped 2.0 percent, excluding which … Continue reading

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Big Surge In Vehicle Sales, Service Sector, ADP Employment

Popular Economics Weekly Why start with motor vehicle sales? “Consumers weren’t holding back in May when it came to buying cars and trucks which sold at a 17.8 million annual rate for a whopping 7.9 percent gain from April,” said … Continue reading

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Dr. Robert Shiller–Why the Weak Recovery?

Popular Economics Weekly Nobelist Robert Shiller, winner of the Nobel for his research in Behavioral Economics, or the psychology that drives economic behavior, has come up with the latest reason this economic recovery has been so weak to date. GDP … Continue reading

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March New-Home Sales A Dud

“Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11.4 percent … Continue reading

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Fannie Says Better Growth For Rest of 2015

Popular Economics Weekly “Economic activity was suppressed in the first quarter due largely to the West Coast port disruptions and difficult weather patterns across the Northeast, but the economy is expected to gain momentum throughout the spring and reach previously … Continue reading

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