Tag Archives: GDP growth

GDP Growth Still Below Average

Posted on August 2, 2016 by Popular Economics Weekly

Popular Economics Weekly There is a reason second quarter Gross Domestic Product growth was so weak—up just 1.2 percent, after 0.9 and 0.8 percent upticks in the last 2 quarters. Pundits attributed it to the lack of capital expenditures, whereas … Continue reading →

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The Real Economy Trumps Republicans’ Dark Ages

Posted on July 25, 2016 by Popular Economics Weekly

Popular Economics Weekly Marketwatch’s Jeff Bartash is just one economic journalist busting the Donald’s ‘Disstopian’ views (Maureen Dowd’s term, not mine). Our economy is doing incredibly well for most people, including the bottom of the economic ladder—whose incomes are being … Continue reading →

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Retail Sales Augur Better Economic Growth Ahead

Posted on July 15, 2016 by Popular Economics Weekly

Popular Economics Weekly Many signs are pointing to better growth ahead, led by consumer, or retail spending. Ex-auto ex-gas offers a gauge on underlying trends in consumer spending, as non-store retailers popped a 1.1 percent surge in the month which … Continue reading →

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Why Record Low Mortgages Rates?

Posted on July 13, 2016 by Popular Economics Weekly

The Mortgage Corner Mortgage applications increased 7.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 8, 2016. It’s a result of mortgage rates dropping to … Continue reading →

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Q2 3% + GDP Growth Confirmed?

Posted on July 5, 2016 by Popular Economics Weekly

Financial FAQs The best news of last week was the ‘Yuge’ jump in consumer spending and manufacturing, which should signal a Yuge jump in Q2 GDP; perhaps to as much as 4 percent. Graph: Econoday That’s because consumers spending is … Continue reading →

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What Happened to Our Economy?

Posted on June 7, 2016 by Popular Economics Weekly

Popular Economics Weekly The major debate during this campaign season is about economic growth. Who has it benefited and who was left behind? Sanders says we aren’t spending enough to create more jobs, and Trump wants to build walls to … Continue reading →

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What Happened to Link Between Profits and Productivity?

Posted on May 26, 2016 by Popular Economics Weekly

Popular Economics Weekly What’s the link between profits and productivity, on which economic growth is based? It has broken down of late, so that profits of many businesses and whole business sectors are no longer used to enhance productivity. And … Continue reading →

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Service Sector Economy Booming

Posted on May 9, 2016 by Popular Economics Weekly

Financial FAQs There was a huge jump in the U.S. service sector economy, our largest sector, some 67 percent of all U.S. economic activity. This is why we keep growing while most other developed and emerging economies aren’t. “The Institute … Continue reading →

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Record Low Rates Spur Consumer Debt, But Not Spending

Posted on April 7, 2016 by Popular Economics Weekly

The Mortgage Corner Consumer credit rose a very large $17.2 billion in February with January revised higher to $14.9 billion, says the Federal Reserve. Nonrevolving credit, which are gains for vehicle financing and student loans, rose $14.2 billion and revolving … Continue reading →

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Higher GDP, Consumer Spending Will Boost 2016 Growth

Posted on February 29, 2016 by Popular Economics Weekly

Financial FAQs Q4 GDP growth was just revised upward to 1.0 percent, from the 0.7 percent first estimate.  This, January’s personal income figures and durable goods orders show consumers and even parts of the manufacturing sector are still expanding, which … Continue reading →

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