Tag Archives: economics

Retail Sales Falter–What May Follow?

Posted on June 18, 2024 by Popular Economics Weekly

Financial FAQs American consumers are tiring after two years of no relief from higher prices and interest rates. They are now looking for bargains everywhere in the latest retail sales report from the Census Bureau. It’s the second month of … Continue reading →

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Greater Lawlessness Causes Great Recessions

Posted on June 11, 2024 by Popular Economics Weekly

Financial FAQs I began writing about Republicans’ disregard for laws in 2012 after the Great Recession of 2007-09, in which as many as 8 million jobs were lost. But not the Republican Party’s lawlessness, though it has always been the … Continue reading →

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Where’s the Recession–Part II?

Posted on June 7, 2024 by Popular Economics Weekly

Financial FAQs The unemployment report for May had little weakness, further evidence that the recent Harris poll results—in which 55 percent of those surveyed believed the US is in a recession—doesn’t reflect reality. In fact, total nonfarm payroll employment increased … Continue reading →

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Where’s the Recession?

Posted on May 29, 2024 by Popular Economics Weekly

Financial FAQs The most recent Harris-Guardian poll found 56 percent of those surveyed thought the US was in a recession. And 49 percent believed unemployment was at a 50-year high. How is that possible when the economic facts are exactly … Continue reading →

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Q2 Economic Growth Any Better?

Posted on May 17, 2024 by Popular Economics Weekly

The Mortgage Corner The initial estimate of first quarter 2024 Gross Domestic Product (GDP) growth was less than expected (1.6%), causing financial markets to panic, even though economic growth is better than the initial estimate is reporting, I said last … Continue reading →

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Why the Inflation Confusion?

Posted on May 14, 2024 by Popular Economics Weekly

Popular Economics Weekly Most pundits (and propagandists) don’t know who to blame for ‘sticky’ inflation, so they blame those who haven’t caused it—such as the current administration or the Federal Reserve. But the sudden rise in prices of the past … Continue reading →

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Elevated Rates Endangering Economy

Posted on April 18, 2024 by Popular Economics Weekly

Financial FAQs Early predictions show first quarter economic growth picking up, but a little-known indicator of future growth, the Conference Board’s Index of Leading Economic Indicators (LEI) in March highlighted the danger that high interest rates hold for future growth. … Continue reading →

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Retail Sales Boost Q1 Growth

Posted on April 16, 2024 by Popular Economics Weekly

Financial FAQs Consumers haven’t slowed shopping, even during tax season. They keep boosting economic growth which is edging above annual predictions of 2 percent again. FREDretailsales Retail trade sales were up 0.8 percent (±0.5 percent) from February 2024, and up … Continue reading →

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Inflation Still Declining

Posted on April 11, 2024 by Popular Economics Weekly

Popular Economics Weekly The inflation rate for wholesale goods and services (PPI) is still declining, which will hearten the inflation doves after yesterday’s Consumer Price Index (CPI) seems to be stuck in a 3 percent range. So, the Fed has … Continue reading →

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March Payrolls Soaring

Posted on April 5, 2024 by Popular Economics Weekly

Popular Economics Weekly I said last week I don’t believe Wall Street investors are irrationally exuberant at present, contrary to those that say we are now in a stock market bubble with the record level S&P and DOW indexes. That’s … Continue reading →

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