Tag Archives: GDP

Soft Landing, What’s Next?

Posted on February 6, 2024 by Popular Economics Weekly

The Mortgage Corner The US economy has landed with the huge Q4 GDP growth spurt of 3.3 percent, and 335,000 nonfarm payroll jobs created, and inflation close to the Fed’s 2% target rate. What happens next? It looks like it’s … Continue reading →

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Will 2024 Be Even Better?

Posted on January 30, 2024 by Popular Economics Weekly

The Mortgage Corner The US economy grew either 2.5 percent or 3.1 percent annually in 2023, whichever GDP growth indicator you choose. Why such strong growth when the rest of the world is still recovering from the COVID pandemic? Even … Continue reading →

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US Economy Has Landed

Posted on January 25, 2024 by Popular Economics Weekly

Popular Economics Weekly There is no longer any doubt with the initial estimate of fourth quarter GDP growth just in. The US economy has made a soft landing. The economy grew 3.3 percent in Q4 after a 4.9 percent increase … Continue reading →

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What Happens to 1% with Demo’s Blue Wave?

Posted on November 8, 2018 by Popular Economics Weekly

The Mortgage Corner   Washington Post Now that the Democrats will be taking back the US House of Representatives in January, can they enact programs that improve the record income inequality in America? American citizens have the least equal incomes … Continue reading →

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What Is ‘New Normal’ U.S. Growth?

Posted on October 10, 2018 by Popular Economics Weekly

Popular Economics Weekly Graph: Seeking Alpha/BLS There is a current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession, when American households lost a collective $9 trillion in value and consumers cut … Continue reading →

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Housing Supply Still Too Low

Posted on October 1, 2018 by Popular Economics Weekly

The Mortgage Corner Graph: Econoday Most of the construction activity is in the commercial sector, at the moment, though sales of newly-constructed homes rose 3.5 percent compared to July. The pace of new-home sales in August was 12.7 percent higher … Continue reading →

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A Recovery In Retail Sales?

Posted on October 18, 2016 by Popular Economics Weekly

Financial FAQs September retail sales rose: total up 0.6 percent, ex-auto up 0.5 percent, ex-auto ex-gas up 0.3 percent, which indicates a good holiday season for retail. But this is bucking the downward trend that has sales sinking to the … Continue reading →

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Labor’s Day Remembered

Posted on September 2, 2013 by Popular Economics Weekly

Popular Economics Weekly As we celebrate another Labor Day, a national holiday, how do we remember it? I would like to remember it as some other developed countries celebrate it. France, for instance, has enshrined the one-hour lunch, whereas a … Continue reading →

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Why Are Consumers So Unhappy?

Posted on February 2, 2013 by Popular Economics Weekly

Popular Economics Weekly It shouldn’t be a secret, by now. Consumers are unhappy. And it’s not because we are too busy paying down our debts. It’s really because no one in Washington has been focusing on job creation—at least since … Continue reading →

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What Budget Problem?

Posted on January 17, 2013 by Popular Economics Weekly

Popular Economics Weekly Does Congress know that our federal budget deficit has been shrinking steadily since 2009, the end of the 18-month Great Recession? Yes, that’s right. A combination of cuts in government spending and very low interest rates on … Continue reading →

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