Tag Archives: personal consumption expenditures

Bernie’s Economic Platform—Part II

Popular Economics Weekly Bernie Sanders and Donald Trump won their respective Indiana primaries, and we know why. In February air-conditioner manufacturer Carrier, a wing of United Technologies, announced that beginning next year it will move its Indianapolis production to Mexico … Continue reading

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Consumers Boost Q1 GDP Growth

Popular Economics Weekly Consumer spending, largely on services, helped hold up first-quarter real GDP which came in at just 0.5 percent rate, but is still up 2 percent YoY. Consumer spending (personal consumption expenditures) rose at a 1.9 percent rate, … Continue reading

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Pending Home Sales Show Weakness

The Mortgage Corner Where is a housing bubble? Some pundits have been saying that housing prices, up some 13 percent in a year, may have been rising too fast. This is mainly because too few homes on the market, and … Continue reading

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Thanks For Nothing, Washington!

Financial FAQs Democrats have bought the Republican lie that Democrats were the big spenders, it seems, with the draconian federal budget cuts enacted over the past 2 years. But recent statistics show it’s been the Republicans since 1980 that created … Continue reading

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Will U.S. Growth Slow in 2013?

Popular Economics Weekly The naysayers are already at it. First Quarter GDP growth was 2.5 percent, slightly below forecasts. So many pundits are now saying it is a repeat of last year and the year before. An initial growth spurt … Continue reading

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Deflation and Our Plunging Deficit

Popular Economics Weekly The federal budget deficit is shrinking rapidly, says Goldman Sachs Chief Economist Jan Hatzius. And that is not such a good thing at the moment, since the private sector isn’t spending enough. It means this very weak … Continue reading

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What Inflation?

Financial FAQs We have seen this before during past budget battles. How much spending is necessary to create future economic growth, and jobs? A corollary is whether the Federal Reserve’s current easy credit policy will create runaway future inflation with … Continue reading

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Why the Housing Bubble?

The Mortgage Corner Historical hindsight is always 20-20, but why didn’t economists and the Fed act sooner to deflate the housing bubble? By waiting until 2006 to tighten credit, the Federal Reserve allowed overbuilding of the housing sector that resulted … Continue reading

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