Tag Archives: consumer spending

Can U.S. Economy Weather Trade Wars?

Posted on February 5, 2019 by Popular Economics Weekly

Financial FAQs Econoday.com Why is manufacturing doing so well in the face of rising tariffs—in January when mid-winter business activity tends to slow? Consumers flush with cash from rising wages and full employment are powering higher domestic demand. Exports, on … Continue reading →

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Very Strong January Employment

Posted on February 1, 2019 by Popular Economics Weekly

Popular Economics Weekly MarketWatch.com Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0 percent, the Bureau of Labor Statistics reported today. Job gains occurred in several industries, including leisure and hospitality, construction, … Continue reading →

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It’s the Consumer, Stupid

Posted on January 29, 2019 by Popular Economics Weekly

Answering the Kennedys Call—Part II New York Times’ economic writer Neil Irwin in a recent Op-ed is not seeing a very robust future for global economic growth. “…what the last few months have made clear is that the forces that … Continue reading →

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Why Isn’t Inflation a Problem?

Posted on December 18, 2018 by Popular Economics Weekly

Popular Economics Weekly us.econoday.com It looks like inflation will no longer be a problem holding back consumer spending for the forseeable future; or in any other economy in the developed world as well. It’s not a problem because economies today … Continue reading →

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It’s the Third Largest Housing Boom Ever!

Posted on December 11, 2018 by Popular Economics Weekly

The Mortgage Corner fred.stlouisfed.org The 10-year Treasury bond yield has fallen back to 2.86 percent, which is usually recession territory. And the 30-year conforming fixed rate is 4.125 percent again with a 1-point origination fee. This is unheard of in … Continue reading →

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Retail Sales Surge While Consumers Pay Down Debt

Posted on November 20, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, likely driven by rebuilding efforts in areas devastated by Hurricane Florence. CBS News reports an economic consulting firm says Hurricane … Continue reading →

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Retail Sales Surge While Consumers Pay Down Debt

Posted on November 20, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged, likely driven by rebuilding efforts in areas devastated by Hurricane Florence. CBS News reports an economic consulting firm says Hurricane … Continue reading →

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Higher Interest Rates Ahead?

Posted on November 14, 2018 by Popular Economics Weekly

Popular Economics Weekly Econoday.com The benchmark 10-year Treasury Bond Yield that determines mortgage and other long term rates ended at 3.13 percent today from 3.11 percent last week with the continued stock market selloff. It was as high as 3.22 … Continue reading →

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Record Income Inequality = U.S. Credit Downgrade?

Posted on October 17, 2018 by Popular Economics Weekly

Financial FAQs Graph: MarketWatch The current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession (when homeowners lost a collective $9 trillion in value) is taking a new turn with Moody’s Investor … Continue reading →

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What Do Slowing Retail Sales Mean?

Posted on September 17, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Econoday Retail sales are slowing this fall, yet consumers’ confidence is at an all-time high. Why are consumers buying less and saving more this season? It could be higher interest rates, as the Fed has raised … Continue reading →

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