Tag Archives: COVID-19

Job Losses Still Too High

Posted on June 25, 2020 by Popular Economics Weekly

Popular Economics Weekly St.LouisFRED The U.S. economy is recovering very slowly, in part because the number filing for first-time unemployment benefits is still too high (see above graph). Why? Businesses are still shedding workers because the COVID-19 pandemic is not … Continue reading →

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Have Home Sales Reached Bottom?

Posted on June 22, 2020 by Popular Economics Weekly

The Mortgage Corner Reuters/ICAP Why is it important to report on the housing market? Because there is a housing shortage  already (Forbes says up to 3.8 million unit shortfall to date), and the NYTimes, among others, is predicting a record … Continue reading →

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Economic Recovery Picks Up Steam

Posted on June 16, 2020 by Popular Economics Weekly

Popular Economics Weekly FREDUMich The head of steam analogy seems to be working for our economic recovery, as consumers let off steam after two months of staying at home with a burst of shopping activity from the re-openings. We said … Continue reading →

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May Employment Rise is Big Surprise!

Posted on June 5, 2020 by Popular Economics Weekly

Financial FAQs MarketWatch.com What happened? American workers are suddenly going back on the job; at least 2.5 million of them, according to the Labor Department. That knocks down the number of unemployed to maybe 20 million, and surprised economists. A … Continue reading →

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Why Has U.S. Made Such a Mess of It?

Posted on June 4, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson.com Private sector employment decreased by – 2,760,000 jobs from April to May according to the May ADP National Employment Report®, much less than the original estimate of –8 million jobs. It precedes Friday’s official government unemployment … Continue reading →

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Why Has U.S. Made Such a Mess of It?

Posted on June 3, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson.com Private sector employment decreased by – 2,760,000 jobs from April to May according to the May ADP National Employment Report® released today that precedes Friday’s official government unemployment report for May. Friday’s unemployment report is predicted … Continue reading →

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Consumer at Center of Any Recovery

Posted on May 21, 2020 by Popular Economics Weekly

Financial FAQs FRED retail sales The American economy has depended on consumers’ health, and consumer spending since the 1950s, really. Consumers generate some 70 percent of economic activity from their purchases, with government spending and capital expenditures in the private … Continue reading →

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In The Age of Anxiety

Posted on May 18, 2020 by Popular Economics Weekly

Popular Economics Weekly thesocialhistorian.com We are now in a full-blown “Age of Anxiety”; not the first, of course. There was as much anxiety during the 1918-20 Spanish Flue pandemic that reportedly killed 50 million in a series of worldwide outbreaks … Continue reading →

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The Times Are Changing

Posted on May 14, 2020 by Popular Economics Weekly

Financial FAQs DOL.gov “The Times They Are a Changin” was Bob Dylan’s song for the 1960’s. Change was happening because of the Vietnam War and civil rights era. That is nothing like the coming changes we will see in the … Continue reading →

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The Times Are Changing

Posted on May 14, 2020 by Popular Economics Weekly

Financial FAQs DOL.gov “The Times They Are a Changin” was Bob Dylan’s song for the 1960’s. Change was happening because of the Vietnam War and civil rights era. That is nothing like the coming changes we will see in the … Continue reading →

Posted in Consumers, Economy, Keynesian economics, Politics | Tagged , , , | Leave a comment