Tag Archives: economics

Retail Sales Boost Q4 Growth

Posted on January 21, 2025 by Popular Economics Weekly

Financial FAQs “Advance estimates of U.S. retail and food services sales for December 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $729.2 billion, an increase of 0.4 percent (±0.5 percent)* from the … Continue reading →

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Americans Still Fully Employed!

Posted on January 11, 2025 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment trended up in health care, government, and social assistance. Retail … Continue reading →

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Bidenomics Works–Part II

Posted on January 7, 2025 by Popular Economics Weekly

Financial FAQs A large fraction of voters do suffer from economic illiteracy. Indeed, it is fair to say that an ample majority do not understand the basics of how markets work. They are especially confused about labor and international markets. … Continue reading →

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Record Inequality = Record Debt

Posted on January 6, 2025 by Popular Economics Weekly

Answering Kennedy’s Call “Never spend money before you have earned it.” Thomas Jefferson Thomas Jefferson may not be the best person to quote on the dangers of debt—His slaves weren’t freed upon his death because his estate owed too many … Continue reading →

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Who Wants to Know?

Posted on December 30, 2024 by Popular Economics Weekly

Financial FAQs “Fewer than a quarter of Americans (23%) currently rate the country’s economic conditions as excellent or good, while 36% say they are poor and about four-in-ten (41%) view conditions as “only fair,” PEW Research PEWResearch Why do so … Continue reading →

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Bidenomics Cause of Recovery

Posted on December 20, 2024 by Popular Economics Weekly

Financial FAQs “Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2024, according to the “third” estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third … Continue reading →

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Higher Economic Growth Ahead?

Posted on December 13, 2024 by Popular Economics Weekly

Popular Economics Weekly The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 3.3 percent on December 9, unchanged from December 5 after rounding. After recent releases from the US Census Bureau and … Continue reading →

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Was Inflation the Problem?

Posted on December 12, 2024 by Popular Economics Weekly

Popular Economics Weekly “The West Wing may believe Bidenomics is working because the macroeconomic gurus at the Federal Reserve are telling the White House it’s working. But Bidenomics has failed to create sufficient tangible improvement in the lives of most … Continue reading →

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Why Another Gilded Age?

Posted on December 11, 2024 by Popular Economics Weekly

Financial FAQs “I remember ’29 very well … the drugged and happy faces of people who built paper fortunes on stocks they couldn’t possibly have paid for. … In our little town bank presidents and track workers rushed to pay … Continue reading →

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Job Market Still Booming

Posted on December 6, 2024 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statisticsreported today. Employment trended up in health care, leisure and hospitality, government, and social … Continue reading →

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