Tag Archives: consumer spending

Irrational Exuberance is Back

Financial FAQs “How errors of human judgment can infect even the smartest people, thanks to overconfidence, lack of attention to details, and excessive trust in the judgments of others, stemming from a failure to understand that others are not making … Continue reading

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What is Q3 Growth To Be?

Popular Economics Weekly “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2025 is 2.5 percent on August 5, up from 2.1 percent on August 1. GDPNow AtlantaFedGDPNow Predictions for third quarter GDP economic … Continue reading

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The Return of Stagflation

The Mortgage Corner “From the same month one year ago, the PCE price index for June increased 2.6 percent. Excluding food and energy, the PCE price index increased 2.8 percent from one year ago.” BEA.gov FREDpceinflation President Trump hasn’t succeeded in convincing … Continue reading

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Why the Weak Employment Report?

Popular Economics Weekly “Total nonfarm payroll employment changed little in July (+73,000) and has shown little change since April. The unemployment rate, at 4.2 percent, changed little in July. Employment continued to trend up in health care and in social … Continue reading

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Second Quarter Growth No Big Deal

Financial FAQs “Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2025 (April, May, and June), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the first … Continue reading

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The Japan Tariffs

Financial FAQs “It has been clear for a while that Trump and co. don’t understand or believe in balance of payments accounting, that they want both a smaller trade deficit and more foreign investment in America. Now their basic lack … Continue reading

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Second Quarter Growth Estimates Decline

Popular Economics Weekly “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on July 18, unchanged from July 17 after rounding. After this morning’s housing starts release from the US … Continue reading

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When Will Housing Recover?

The Mortgage Corner “Overall, I expect tariffs to boost inflation by about 1 percentage point over the second half of this year and the first part of next year,” John Williams, New York Fed President. NPR The housing market is … Continue reading

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Inflation Week is Here

Financial FAQs “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in June, after rising 0.1 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, … Continue reading

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Consumers Aren’t Buying It

Popular Economics Weekly Photo: Emma Da Silva/Getty Images MarketWatch “Total U.S. consumer credit growth slowed to a $5.1 billion gain in May, down from a $16.9 billion rise in the prior month, the Federal Reserve said Tuesday.  That translates to a … Continue reading

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