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Tag Archives: Economy
Second Quarter Growth No Big Deal
Financial FAQs “Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2025 (April, May, and June), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the first … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, economics, Economy, Federal Reserve, GDP growth, Great Recession, inflation, interest rates, Politics, tariffs
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The EU’s New Trade Deal
Popular Economics Weekly “This will hurt the world economy, with the burden falling mainly on lower-income Americans. The Yale Budget Lab estimates that Trump’s tariffs will leave the U.S. economy 0.4 percent poorer in the long run, which is very … Continue reading
Posted in Consumers, Economy, Weekly Financial News
Tagged China, Economy, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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The Japan Tariffs
Financial FAQs “It has been clear for a while that Trump and co. don’t understand or believe in balance of payments accounting, that they want both a smaller trade deficit and more foreign investment in America. Now their basic lack … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Second Quarter Growth Estimates Decline
Popular Economics Weekly “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on July 18, unchanged from July 17 after rounding. After this morning’s housing starts release from the US … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, investing, Politics
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When Will Housing Recover?
The Mortgage Corner “Overall, I expect tariffs to boost inflation by about 1 percentage point over the second half of this year and the first part of next year,” John Williams, New York Fed President. NPR The housing market is … Continue reading
Inflation Week is Here
Financial FAQs “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in June, after rising 0.1 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, … 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, tariffs
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Consumers Aren’t Buying It
Popular Economics Weekly Photo: Emma Da Silva/Getty Images MarketWatch “Total U.S. consumer credit growth slowed to a $5.1 billion gain in May, down from a $16.9 billion rise in the prior month, the Federal Reserve said Tuesday. That translates to a … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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No Art of the Trade Deal
Financial FAQs “The point is that Trump doesn’t feel bound by trade deals America has made in the past. Why should anyone expect him to honor any new deals he makes, or claims to make, now? Huffington Post “Obviously this … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Trump’s Terrible Tax Bill
Popular Economics Weekly The Guardian President Trump and Republicans terrible tax bill signed on July 4 will impoverish more Americans, worsen our health, with fewer protections from natural disasters and foreign threats. The bill raises the debt ceiling by $3-4 … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged Donald Trump, Economy, GDP growth, inflation, interest rates, news, Politics, Trump
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A Better Jobs Report?
Popular Economics Weekly “Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in state government and health care. Federal government … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, Great Recession, inflation, interest rates, news, Politics, Trump
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