Tag Archives: Economy

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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First Quarter Growth Even Better?

Posted on April 3, 2024 by Popular Economics Weekly

The Mortgage Corner The post-pandemic recovery is looking better this year, as higher estimates for 2024 economic growth come in. The job market is still hot, which is why consumers keep shopping until they drop, to use a common expression … Continue reading →

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Economic Facts Can Win

Posted on April 1, 2024 by Popular Economics Weekly

Financial FAQs Here’s another reason we have avoided a recession. Regardless of the looming tax bills due in April that traditionally causes consumers to save more and spend less, consumers are spending more and saving less, per the BEA’s Personal … Continue reading →

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Fourth Quarter Growth Even Better

Posted on March 28, 2024 by Popular Economics Weekly

The Mortgage Corner Economic growth is picking up and the housing market is following suit, which means the post-pandemic recovery is looking even better this year. The final reading of Q4 2023 U.S. Gross Domestic Product growth adjusted for inflation … Continue reading →

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Irrational Exuberance vs. Irrational Pessimism?

Posted on March 26, 2024 by Popular Economics Weekly

Popular Economics Weekly 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. It’s as easy to be … Continue reading →

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New Home Sales Boost Housing Market

Posted on March 25, 2024 by Popular Economics Weekly

The Mortgage Corner The sale of new homes is boosting housing and the economy at a very opportune time—the beginning of a New Year when it’s still uncertain when the Fed will begin to cut their interest rates. This is … Continue reading →

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Too Much Irrational Exuberance?

Posted on March 23, 2024 by Popular Economics Weekly

Popular Economics Weekly Are Wall Street investors irrationality exuberant? Former Bond King and CEO of the PIMCO bond fund Bill Gross thinks so. Irrational exuberance is a term coined by former Fed Chairman Alan Greenspan in 1996 to describe the … Continue reading →

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Strong Growth Will Continue

Posted on March 21, 2024 by Popular Economics Weekly

Financial FAQs There’s a good reason we have avoided a recession, I said last week. Consumers’ personal financial conditions have improved, so they continue to shop, and they are responsible for 70 percent of economic activity. Now the Conference Board’s … Continue reading →

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