Tag Archives: GDP growth

Q3 GDP Unchanged

Posted on December 20, 2019 by Popular Economics Weekly

Popular Economics Weekly FRED The Commerce Department’s final estimate of third quarter U.S. economic growth was unchanged at 2.1 percent, as strong consumer spending was offset by weaker business investment and shrinking inventories. Consumers were the difference, as they kept … Continue reading →

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Economic Growth…Watch Out Below—Part II!

Posted on December 2, 2019 by Popular Economics Weekly

Popular Economics Weekly Wrightson.com It is obvious from the above graph that manufacturing activity is contracting, whereas the service industries continue to grow.  Exports that depend mostly on manufactured goods are therefore declining, while imports that depend on consumers will … Continue reading →

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What’s Happening To Interest Rates?

Posted on November 13, 2019 by Popular Economics Weekly

Popular Economics Weekly StLouisFRED The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis after being unchanged in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading →

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Lower Retail Sales Hint at Weaker Economic Growth Ahead

Posted on October 17, 2019 by Popular Economics Weekly

Popular Economics Weekly Fred U.S. retail sales that mirror consumer spending, which powers some two-thirds of U.S. GDP growth, fell for the first time in seven months in September, raising fears that a slowdown in the American manufacturing sector could … Continue reading →

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Why Make America Small Again?

Posted on September 17, 2019 by Popular Economics Weekly

Popular Economics Weekly ResearchPew Why make America small again is the question Americans should be asking President Donald Trump whose immigration policies are designed to do just that. He would reduce immigration flows by 50 percent, if he and his … Continue reading →

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Q2 GDP Growth Slowing—What Else?

Posted on August 30, 2019 by Popular Economics Weekly

Popular Economics Weekly BEA.gov The 2nd estimate of second quarter Real Gross Domestic Growth slowed to 2 percent, from 3.1 percent in January. It looks like GDP is slowing to the average rate that has prevailed since the end of … Continue reading →

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Budget Deficits With the Laffer Curve

Posted on August 26, 2019 by Popular Economics Weekly

Financial FAQs Wikipedia There is an economic theory of sorts that helps us to understand why our political parties can’t agree on how to grow an economy that benefits most Americans. It’s called the Laffer Curve, reputedly first drawn on … Continue reading →

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Saving Capitalism—Part II

Posted on June 14, 2019 by Popular Economics Weekly

Popular Economics Weekly Nobel laureate Joseph Stiglitz’s plea to save capitalism is important for a number of reasons; foremost is the survival of liberal democracy itself. Modern liberal democracies that we have known since WWII cannot survive if we cannot … Continue reading →

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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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