Tag Archives: consumer spending

Personal Incomes, Manufacturing Remain Strong

Posted on November 2, 2016 by Popular Economics Weekly

Popular Economics Weekly Personal income rose a solid but slightly lower-than-expected 0.3 percent in September, reports the Commerce Department’s Bureau of Economic Analysis (BEA). The wages & salaries component rose 0.3 percent, another sign of rising incomes. That’s why consumer … Continue reading →

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Holiday Cheers–Consumers Feel Happier!

Posted on September 28, 2016 by Popular Economics Weekly

Popular Economics Weekly It’s back to school time, and consumers are feeling the holiday spirit already. Americans in September were most optimistic about the economy since the summer of 2007, in part because of a happier view of the U.S. … Continue reading →

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A Half-Full Jobs Report

Posted on September 3, 2016 by Popular Economics Weekly

Financial FAQs Nonfarm payrolls rose a lower-than-expected 151,000 in August with revisions to July and June at a net minus 1,000, reported the Bureau of Labor Statistics. I would call this a half-full employment report in an economy that is … Continue reading →

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US Consumers Are Happy Again

Posted on August 30, 2016 by Popular Economics Weekly

Popular Economics Weekly US consumers are feeling good, with higher confidence and rising wages pushing demand for housing and consumer spending. The Conference Board’s Consumer Confidence Index rose a huge 4.4 points to 101.3 in August. It has been hovering … Continue reading →

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Home Sales, Consumer Confidence Still Rising

Posted on July 28, 2016 by Popular Economics Weekly

The Mortgage Corner Sales of newly built, single-family homes rose 3.5 percent in June from an upwardly revised May reading to a seasonally adjusted annual rate of 592,000 units, according to newly released data by the U.S. Department of Housing … Continue reading →

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Spring Employment Surges

Posted on July 12, 2016 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment increased by 287,000 in June, and the unemployment rate rose to 4.9 percent, said the U.S. Bureau of Labor Statistics Friday. It means last month’s 11,000 private payrolls was a ‘Yuge’ aberration. How … Continue reading →

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Q2 3% + GDP Growth Confirmed?

Posted on July 5, 2016 by Popular Economics Weekly

Financial FAQs The best news of last week was the ‘Yuge’ jump in consumer spending and manufacturing, which should signal a Yuge jump in Q2 GDP; perhaps to as much as 4 percent. Graph: Econoday That’s because consumers spending is … Continue reading →

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Consumers are Happier!

Posted on June 14, 2016 by Popular Economics Weekly

Financial FAQs The consumer is happier, at least, due mostly to higher wages, even if overall economic growth is lagging. Consumer sentiments and retail sales are rebounding after a punk first quarter. Corporations don’t want to invest in new plants … Continue reading →

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Why Too Little Inflation?

Posted on May 17, 2016 by Popular Economics Weekly

Financial FAQs Where’s the inflation? It is barely rising, as consumers still wait for bargains, before they decide to buy. The overall Consumer Price Index in April rose just 1.1 percent, and is up 2.1 percent less food and energy … Continue reading →

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Housing Affordability Improving

Posted on May 13, 2016 by Popular Economics Weekly

The Mortgage Corner Spurred by a modest reduction in mortgage interest rates and favorable home prices, nationwide housing affordability in the first quarter of 2016 posted a slight increase, according to the National Association of Home Builders/Wells Fargo Housing Opportunity … Continue reading →

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