Tag Archives: consumer credit

Unemployment Rate Falls to 7.7 Percent

Posted on December 7, 2012 by Popular Economics Weekly

Popular Economics Weekly Economists are rubbing their eyes over the November jobs report. It seems stimulus spending works. Obama’s $830 Billion ARRA stimulus + the Federal Reserve’s QE efforts to hold down interest rates has now created almost 6 million … Continue reading →

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It’s the Consumers Turn

Posted on November 8, 2012 by Popular Economics Weekly

Popular Economics Weekly We know that consumers will continue to push economic growth this fall and winter for several reasons. Firstly, the Bureau of Labor Statistics monthly JOLTS report showed 3.6 million job openings (yellow line), and more than 4 … Continue reading →

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Consumers In Holiday Mood

Posted on October 8, 2012 by Popular Economics Weekly

Popular Economics Weekly Consumers are going to celebrate the holidays in a much bigger way than in recent years. Not only have consumer confidence and expectations been rising since summer, but consumer borrowing is exploding, signaling that we will see … Continue reading →

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Increased Consumer Spending a Good Sign

Posted on August 21, 2012 by Popular Economics Weekly

Financial FAQs The most recent retail sales show consumers are able to spend more, even as they borrow more. Add to that credit card delinquencies are at an 18-year low, according to credit reporting company Transunion Corp., and we have … Continue reading →

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Consumer Spending Continues to Improve

Posted on August 15, 2012 by Popular Economics Weekly

FINANCIAL FAQs The most recent retail sales show consumers continue to spend, as consumer borrowing is increasing. Add to that credit card delinquencies are at an 18-year low, according to credit reporting company Transunion Corp., and we have a picture … Continue reading →

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Consumers Becoming Healthier—Part II

Posted on July 17, 2012 by Popular Economics Weekly

Financial FAQs Consumers seem to be doing better, as I said last week, in spite of their worries about jobs, the economy and budget deficits (their own more than governments’). Consumer credit jumped $17.1 billion in May for the largest … Continue reading →

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Consumers Feel Better

Posted on November 30, 2011 by Popular Economics Weekly

Popular Economics Weekly Black Friday, or the day after Thanksgiving, was an eye-opener. Sales jumped 7 percent, a record, and Monday’s cyber-sales followed its lead. How can consumers be spending so much with incomes that aren’t rising as much? One … Continue reading →

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Is The Great Stimulus Debate Over?

Posted on December 20, 2010 by Popular Economics Weekly

Financial FAQs The stimulus debate over what form government aid should take to the recovery is only over for the moment. The headlines tell us both the rich and poorer among us will receive various tax breaks under the Democratic-Republican … Continue reading →

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What is the ‘New Normal’—Part II?

Posted on August 8, 2010 by Popular Economics Weekly

Popular Economics Weekly Fed Chairman Ben Bernanke is sounding more optimistic these days. What is behind his optimism that seems to counteract the “New Normal” predictions of bond traders such as PIMCO and other fiscal conservatives who fear massive debts … Continue reading →

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Where is Harry Truman—Part II?

Posted on July 14, 2010 by Popular Economics Weekly

Popular Economics Weekly What is the case for not providing more additional stimulus spending to boost economic growth? Harvard Econ Prof Gregory Mankiw, former Bush White House economic advisor, gave this rather bizarre prediction for the future behavior of employers … Continue reading →

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