Tag Archives: Economy

Why Inflation Still a Problem?

Posted on January 31, 2025 by Popular Economics Weekly

Financial FAQs The Fed’s preferred inflation gauge, Personal Consumption Expenditures Index (PCE) isn’t declining because consumers continue to spend more than they earn. Why? BEA.gov Such spending gave a boost to retail sales and so made holiday shoppers happier. But … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged consumer spending, economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates | Leave a comment

The Housing Recovery–Part II

Posted on January 30, 2025 by Popular Economics Weekly

The Mortgage Corner Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). FREDexistinghomesales The huge jump in existing-home sales on still very high mortgage rates illustrates … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News | Tagged Economy, GDP growth, housing affordability, housing construction, housing market, inflation, interest rates, mortgage rates, real-estate, realtor | Leave a comment

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 →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Tagged consumer spending, economics, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, retail sales | Leave a comment

Why the Tariffs Debate?

Posted on January 16, 2025 by Popular Economics Weekly

Popular Economics Weekly “For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged Donald Trump, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, trade tariffs, Trump | Leave a comment

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 →

Greater Threats = Slower Growth

Posted on January 10, 2025 by Popular Economics Weekly

Answering Kennedy’s Call “Fostering a culture of fear and ignorance is not the way to run a political party, or country, if it would ever come to that.” Popular Economics Reuters/January 6 I said in 2014 when writing in Huffington … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, january 6, Politics, tariffs, Trump | Leave a comment

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 →

Posted in Consumers, COVID-19, Economy, Macro Economics, Politics, Weekly Financial News | Tagged bidenomics, business, consumer spending, Donald Trump, economics, Economy, Federal Reserve, finance, GDP growth, housing construction, inflation, inflation rate, interest rates, joe-biden | Leave a comment

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 →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged economics, Economy, education, Federal Reserve, GDP growth, inflation, interest rates, news, Politics | Leave a comment

Will Housing Recover?

Posted on December 24, 2024 by Popular Economics Weekly

The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. Year-over-year, sales bounced 6.1% (up from 3.91 … Continue reading →

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged Donald Trump, Economy, Federal Reserve, housing construction, housing market, inflation rate, interest rates, mortgage rates, real-estate, realtor | Leave a comment

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 →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged consumer spending, economics, Economy, Federal Reserve, finance, GDP, GDP growth, inflation, interest rates | Leave a comment

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