Tag Archives: Federal Reserve

Record Retail Sales, Higher Growth Ahead?

Posted on November 18, 2016 by Popular Economics Weekly

Financial FAQs It looks like Q4 GDP could be higher than the Third Quarter’s initial estimate of 2.9 percent growth. That’s because retail sales and wholesale inventories, both major contributors to growth, are surging. Retail sales jumped 0.8 percent in … Continue reading →

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What, Now A Trump Recession?

Posted on November 12, 2016 by Popular Economics Weekly

Popular Economics Weekly Economists are already warning that if President-elect Trump’s policies are enacted, such as initiating trade wars, or the wrong tax cuts, or even cutting back on social security and Medicare benefits, we could see another recession, similar … Continue reading →

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Full Employment Reached—161,000 Payroll Jobs

Posted on November 8, 2016 by Popular Economics Weekly

Popular Economics Weekly Average hourly earnings are up 2.8 percent annually, a recovery high. Nonfarm payroll growth was up 161,000 with upward revisions adding a net total 44,000 to September (191,000) and August (156,000). The unemployment rate is down 1 … Continue reading →

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Q3 GDP Growth Fastest In 2 Years

Posted on October 28, 2016 by Popular Economics Weekly

Financial FAQs Third quarter GDP growth was the fastest in two years, aided by a spike in soybean and other U.S. exports and a rebound in the size of inventories companies keep on hand for sale, reports the U.S. Bureau … Continue reading →

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Jobs Report—Not Yet Full Employment

Posted on October 10, 2016 by Popular Economics Weekly

Popular Economics Weekly The unemployment rate rose slightly to 5 percent for the first time since April, the government said Friday, though that was mainly because 444,000 people entered the labor force. There are still too many unemployed, in other … Continue reading →

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Poverty Level Down, As Household Incomes Surge

Posted on September 16, 2016 by Popular Economics Weekly

Popular Economics Weekly Fewer Americans lived in poverty in 2015 and median incomes charted their first increase since the Great Recession, according to data released Tuesday by the Census Department. The official poverty rate fell 1.2 percentage points between 2014 … Continue reading →

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Much More Housing Needed

Posted on August 22, 2016 by Popular Economics Weekly

The Mortgage Corner There’s an exception to the current low inflation prognostications echoed in my column by the San Francisco Fed Prez John Williams. It’s in housing, which is struggling to meet the surging demand for both new homes and … Continue reading →

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No More Inflation?

Posted on August 18, 2016 by Popular Economics Weekly

Popular Economics Weekly San Francisco Fed President John Williams has said something that most Central Bankers won’t say. He believes the current low inflation, low growth economy could continue indefinitely, if something isn’t done differently. He writes in the FRBSF’s … Continue reading →

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Should the Fed Raise Rates?

Posted on June 3, 2016 by Popular Economics Weekly

Financial FAQs It’s incredible that Janet Yellen’s Fed should even be talking about raising interest rates in June, or July. The Fed predicts no more than 2.5 percent GDP growth in Q2, after Q1’s 0.8 percent growth rate. And the … Continue reading →

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April Private Payrolls Increase 171,000

Posted on May 6, 2016 by Popular Economics Weekly

Popular Economics Weekly But government payrolls lost 11,000 jobs, so total nonfarm payroll employment increased just 160,000 in April. Over the prior 12 months, employment growth had averaged 232,000 per month. The April jobs report was well below Wall Street’s … Continue reading →

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