Tag Archives: consumer spending

The Tariff Bomb

Posted on October 13, 2024 by Popular Economics Weekly

Financial FAQs Getty Now that Elon Musk, the world’s richest man, is doing all he can to elect Donald Trump as the next American President with his $Billions; because there are too many regulations (read environmental), which means he might … Continue reading →

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Full Speed Ahead Growth–Part II

Posted on October 10, 2024 by Popular Economics Weekly

Popular Economics Weekly The September Consumer Price Index (CPI) continued to decline, further evidence that the inflation battle has been won. All eyes are now on whether strong economic growth can continue with the labor market beginning to falter, which … Continue reading →

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US Growth Full Speed Ahead?

Posted on September 26, 2024 by Popular Economics Weekly

Popular Economics Weekly Any signs of a recession are declining. The U.S. economy is picking up speed in the BEA’s third and final revision of second quarter GDP growth. The U.S. economy has held the 3.0 percent growth rate, mostly due to strong consumer … Continue reading →

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The Confused Consumer

Posted on September 24, 2024 by Popular Economics Weekly

Financial FAQs The Conference Board’s index of consumer confidence sank to 98.7 this month from a revised 105.6 in August the Conference Board said Tuesday. Consumer confidence dropped in September to near the bottom of the narrow range that has … Continue reading →

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Inflation Still in Decline

Posted on September 12, 2024 by Popular Economics Weekly

Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading →

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Consumers Are Still Solvent?

Posted on August 17, 2024 by Popular Economics Weekly

Popular Economics Weekly FREDretailfoodservices My recent blogs have been questioning how long consumers can keep shopping for good reason; their debts have been piling up, which seems to mean they have been able to borrow enough to stay in the … Continue reading →

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No Real Slowdown in US Recovery

Posted on October 25, 2021 by Popular Economics Weekly

Popular Economics Weekly FRED The latest survey of US businesses shows little diminishing of economic activity in the near future. A survey of senior business executives in service-oriented companies, such as retailers and banks, rebounded to a three-month high of … Continue reading →

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Retail Sales Confirm Holiday Rally

Posted on October 20, 2021 by Popular Economics Weekly

Financial FAQs FRED September retail sales and food services presage a holiday season worth celebrating, despite supply shortages, worker shortages, and the pandemic. Seasonally adjusted retail sales are up 12 percent over last September, which means that the demand for … Continue reading →

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Are We Having a Double-Dip Recession?

Posted on November 30, 2020 by Popular Economics Weekly

Popular Economics Weekly FREDgdp What if we have a ‘double-dip’ recession; i.e., when and if the US economy returns to negative growth in the fourth quarter? Notwithstanding the record 33.1% annualized snapback in real gross domestic product growth in the third quarter … Continue reading →

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How Will US Economy Survive COVID-19?

Posted on November 4, 2020 by Popular Economics Weekly

Popular Economics Weekly FREDpersonalconsumption The US economy must first survive this pandemic before it will benefit most Americans. Some sectors are doing better, but ignore the financial market swings, which benefit 401(k)s, but not most Americans. Advance estimates of U.S. … Continue reading →

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