Tag Archives: GDP growth

Where are the Workers?

Posted on May 7, 2019 by Popular Economics Weekly

Popular Economics Weekly The number of job openings rose to 7.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.7 million and … Continue reading →

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A Huge Employment Report

Posted on May 3, 2019 by Popular Economics Weekly

Popular Economics Weekly The U.S. Bureau of Labor Statistics (BLS) reported today that total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent. It was the lowest unemployment rate in 49 years—since December … Continue reading →

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Laffernomics and Tomorrow’s GDP Estimate

Posted on April 25, 2019 by Popular Economics Weekly

Financial FAQs The decline of so-called Laffernomics, an economic theory first proposed by conservative economist Arthur Laffer in 1974, posited in so many words that lower tax rates of the wealthiest, in particular, would increase overall tax revenues as well … Continue reading →

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Why No Inflation??

Posted on March 12, 2019 by Popular Economics Weekly

Financial FAQs Econoday There is almost no inflation, and the markets love it, as both stocks and bonds are rallying on news. The Consumer Price Index rose just 1.5 percent in February, and its core without more volatile food and … Continue reading →

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Q4 Real GDP Growth Still Good

Posted on March 1, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the “initial” estimate released by the Bureau of Economic Analysis. In the third … Continue reading →

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Can U.S. Economy Weather Trade Wars?

Posted on February 5, 2019 by Popular Economics Weekly

Financial FAQs Econoday.com Why is manufacturing doing so well in the face of rising tariffs—in January when mid-winter business activity tends to slow? Consumers flush with cash from rising wages and full employment are powering higher domestic demand. Exports, on … Continue reading →

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It’s the Consumer, Stupid

Posted on January 29, 2019 by Popular Economics Weekly

Answering the Kennedys Call—Part II New York Times’ economic writer Neil Irwin in a recent Op-ed is not seeing a very robust future for global economic growth. “…what the last few months have made clear is that the forces that … Continue reading →

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A Weak Jobs Report?

Posted on October 5, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: MarketWatch “The unemployment rate declined to 3.7 percent in September, and total nonfarm payroll employment increased by 134,000, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, in health … Continue reading →

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Better Economic Growth Ahead?

Posted on July 27, 2018 by Popular Economics Weekly

Popular Economics Weekly Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased … Continue reading →

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Is 4% GDP Growth Real?

Posted on July 18, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Econoday Many economists, including Trump economic advisor Larry Kudlow, are predicting up to 4 percent economic growth over the next few quarters. Why? Full employment is enticing consumers to buy more, with booming retail sales and … Continue reading →

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