Tag Archives: finance

The Tariff Wars–Part II

Posted on February 3, 2025 by Popular Economics Weekly

Financial FAQs “Trump has called “tariff” the fourth most beautiful word in the dictionary behind “God”, “love” and “religion.” CNN FREDdebt/GDP On Saturday, President Trump, just 11 days into his second term, said he will impose a 25 percent tariff … Continue reading →

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

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

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

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

Record Inequality = Record Debt

Posted on January 6, 2025 by Popular Economics Weekly

Answering Kennedy’s Call “Never spend money before you have earned it.” Thomas Jefferson Thomas Jefferson may not be the best person to quote on the dangers of debt—His slaves weren’t freed upon his death because his estate owed too many … Continue reading →

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged budget deficit, debt, economics, Federal Reserve, finance, GDP growth, Great Depression, Politics, taxes | 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

Even More Debt

Posted on December 18, 2024 by Popular Economics Weekly

ANSWERING KENNEDY’S CALL “In the recent (2020) GOP primary presidential debate, former United Nations Ambassador Nikki Haley claimed that President Trump added $8 trillion to the national debt while Florida Governor Ron DeSantis said that President Trump added $7.8 trillion … Continue reading →

Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News | Tagged budget deficits, Donald Trump, Economy, finance, inflation, Politics, republican congress, tariffs, Trump | Leave a comment

Higher Economic Growth Ahead?

Posted on December 13, 2024 by Popular Economics Weekly

Popular Economics Weekly The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 3.3 percent on December 9, unchanged from December 5 after rounding. After recent releases from the US Census Bureau and … Continue reading →

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

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