Tag Archives: finance

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

Job Market Still Booming

Posted on December 6, 2024 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment rose by 227,000 in November, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statisticsreported today. Employment trended up in health care, leisure and hospitality, government, and social … Continue reading →

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

Will Job Market Recover?

Posted on December 5, 2024 by Popular Economics Weekly

The Mortgage Corner The number of job openings was little changed at 7.7 million on the last business day of October, the U.S. Bureau of Labor Statistics reported today. Over the month, hires changed little at 5.3 million. The number … Continue reading →

Posted in Consumers, COVID-19, Economy, Housing, housing market, Weekly Financial News | Tagged economics, Economy, Federal Reserve, finance, inflation | 1 Comment

Holiday Sales Booming

Posted on November 16, 2024 by Popular Economics Weekly

Popular Economics Weekly FREDretailsales The Commerce Department reported Retail trade sales were up 0.4 percent (±0.5 percent)* from September 2024, and up 2.6 percent (±0.5 percent) from last year. Nonstore retailers were up 7.0 percent (±1.4 percent) from last year, … Continue reading →

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

Inflation Is Not the Problem

Posted on November 14, 2024 by Popular Economics Weekly

Financial FAQs Inflation is close to its long-term 2 percent range, so the Federal Reserve has accomplished its goal of stabilizing prices. Yet the election results show that rising prices since the COVID-19 pandemic most panicked voters; even more than … 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

Who Will Drain the Swamp?

Posted on November 12, 2024 by Popular Economics Weekly

ANSWERING KENNEDY’S CALL “This is so bad. We have just gotten list of amendments to be included in bill NOT from our R colleagues, but from lobbyists downtown,” said Missouri Dem Senator Claire McCaskill. “None of us have seen this … Continue reading →

Posted in Uncategorized | Tagged Economy, federal budget deficit, finance, Income inequality, interest rates, news, Politics, President Donald Trump, President Obama, presidential election, Republicans, tax cuts, Trump | Leave a comment

Another ‘Roaring Twenties’?

Posted on October 30, 2024 by Popular Economics Weekly

Financial FAQs BEA.gov The advance estimate of BEA third quarter U.S. economic growth was 2.8 percent, slightly less than the 3 percent growth in Q2 but is showing few signs the post-pandemic recovery has slowed. It has defied the odds … Continue reading →

Posted in Consumers, COVID-19, Economy, Weekly Financial News | Tagged 1918 Spanish flu, consumer confidence, consumer spending, economics, Economy, Federal Reserve, finance, GDP, inflation, interest rates, unemployment report, World War One | Leave a comment

Full Speed Ahead Growth–Part II

Posted on October 10, 2024 by Popular Economics Weekly

Popular Economics Weekly The September Consumer Price Index (CPI) continued to decline, further evidence that the inflation battle has been won. All eyes are now on whether strong economic growth can continue with the labor market beginning to falter, which … Continue reading →

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

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