Tag Archives: interest rates

No Art of the Trade Deal

Posted on July 8, 2025 by Popular Economics Weekly

Financial FAQs “The point is that Trump doesn’t feel bound by trade deals America has made in the past. Why should anyone expect him to honor any new deals he makes, or claims to make, now? Huffington Post “Obviously this … Continue reading →

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Trump’s Terrible Tax Bill

Posted on July 7, 2025 by Popular Economics Weekly

Popular Economics Weekly The Guardian President Trump and Republicans terrible tax bill signed on July 4 will impoverish more Americans, worsen our health, with fewer protections from natural disasters and foreign threats. The bill raises the debt ceiling by $3-4 … Continue reading →

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A Better Jobs Report?

Posted on July 3, 2025 by Popular Economics Weekly

Popular Economics Weekly “Total nonfarm payroll employment increased by 147,000 in June, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in state government and health care. Federal government … Continue reading →

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Too Many Vacant Jobs?

Posted on July 2, 2025 by Popular Economics Weekly

Financial FAQs The number of job openings was little changed at 7.8 million in May, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.5 million and 5.2 million, … Continue reading →

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Worried Consumers Shop Less

Posted on June 28, 2025 by Popular Economics Weekly

Popular Economics Weekly “Disposable personal income (DPI)—personal income less personal current taxes—decreased $125.0 billion (0.6 percent) and personal consumption expenditures (PCE) decreased $29.3 billion (0.1 percent).” BEA.GOV We are seeing one of the classic signs of a looming recession—consumers are … Continue reading →

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First Quarter Growth Revised Lower

Posted on June 26, 2025 by Popular Economics Weekly

Financial FAQs “Real gross domestic product (GDP) decreased at an annual rate of -0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth … Continue reading →

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Interest Rates Coming Down?

Posted on June 24, 2025 by Popular Economics Weekly

The Mortgage Corner “Existing-home sales rose in May, according to the National Association of REALTORS®. Sales elevated in the Northeast, Midwest and South, but retreated in the West. Year-over-year, sales progressed in the Northeast and Midwest but contracted in the … Continue reading →

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U.S. Already in Recession?

Posted on June 21, 2025 by Popular Economics Weekly

Financial FAQs The Conference Board Leading Economic Index® (LEI) for the US ticked down by 0.1% in May 2025 to 99.0 (2016=100), after declining by 1.4% in April (revised downward from –1.0% originally reported). The LEI has fallen by 2.7% in … Continue reading →

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Tariffs Trump Consumer Spending

Posted on June 18, 2025 by Popular Economics Weekly

Financial FAQs “Advance estimates of U.S. retail and food services sales for May 2025, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $715.4 billion, down 0.9 percent (±0.5 percent) from the previous month, … Continue reading →

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More Signs of Slower Growth

Posted on June 4, 2025 by Popular Economics Weekly

Financial FAQs “The manufacturing economy continues to struggle,” Susan Spence of ISM said. “It will continue to struggle” due to all the trade uncertainty. “The administration’s tariffs alone have created supply chain disruptions rivaling that of Covid-19,” executive at an … Continue reading →

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