Tag Archives: Great Recession

What’s the Fed To Do?

Popular Economics “Real gross domestic product (GDP) increased at an annual rate of 1.5 percent in the second quarter of 2026 (April, May, and June), according to the second estimate released today by the U.S. Bureau of Economic Analysis (BEA). … Continue reading

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Poor Retail Sales

Popular Economics “Advance estimates of U.S. retail and food services sales for July 2026, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $763.6 billion, down 0.6 percent (±0.4 percent) from the previous month, … Continue reading

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Inflation is Back

Financial FAQs “The Producer Price Index for final demand was unchanged in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. On an unadjusted basis, the index for final demand increased 4.7 percent for the 12 months ended … Continue reading

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Where’s the Inflation?

Financial FAQs “Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict in the Middle East…Inflation remains elevated relative to the Committee’s 2 percent goal, in part reflecting supply shocks that have … Continue reading

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Defeating the Greater Lawlessness

Popular Economics Weekly “The Republicans’ hunger for power has now reached such a point that they have selected and continue to support a president who has lied and cheated his whole adult life; from Trump Casinos to Trump Towers, from … Continue reading

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A New Housing Bubble?

The Mortgage Corner “WASHINGTON (July 9, 2026) – Existing-home sales decreased by 2.4% month-over-month and increased 2.8% year-over-year, according to the National Association of REALTORS® Existing-Home Sales report. NAR FRED30yrmortgage It’s been months since I wrote about the housing market; … Continue reading

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Defeating The Bully Mentality

Popular Economics Weekly “But nobody expects to see a lot of prominent Republicans declaring that rejecting Medicaid expansion is wrong, that caring for Americans in need is more important than scoring political points against the Obama administration. As I said, … Continue reading

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“The economy hasn’t lost its mojo.” MarketWatch

Financial FAQs “Advance estimates of U.S. retail and food services sales for June 2026, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $768.6 billion, up 0.2 percent (±0.4 percent)* from the previous month, … Continue reading

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No Relief From Inflation

Popular Economics Weekly  “From the same month one year ago, the PCE price index for May increased 4.1 percent. Excluding food and energy, the PCE price index increased 3.4 percent from one year ago.” BEA.gov The Personal Consumption Expenditure Index … Continue reading

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Retail Sales Recovering?

Popular Economics Weekly “Advance estimates of U.S. retail and food services sales for May 2026, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $763.7 billion, up 0.9 percent (±0.4 percent) from the previous … Continue reading

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