Tag Archives: personal income

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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Signs of Jobs Surge in 2013

Popular Economics Weekly There are signs the jobs picture will be much improved in 2013, even thought the March unemployment report was disappointing.  The U.S. Bureau of Labor Statistics (BLS) reported in the just released Job Openings and Labor Turnover … 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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Higher Retail Sales Point to Consumer Health

Popular Economics Weekly Consumers are buying more, a reflection of improving incomes and the jobs market. The U.S. Census Bureau announced Wednesday that advance estimates of U.S. retail and food services sales for February, adjusted for seasonal variation and holiday … Continue reading

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No Double Dip Recession—Why Worry?

Popular Economics Weekly Goldman Sachs chief economist Jan Hatzius has joined the chorus that says 2013 should be a good year for growth, in spite of the so-called ‘fiscal headwinds’ of a gridlocked Congress and White House. Why? Because both … Continue reading

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Consumer Spending Continues to Improve

FINANCIAL FAQs The most recent retail sales show consumers continue to spend, as consumer borrowing is increasing. Add to that credit card delinquencies are at an 18-year low, according to credit reporting company Transunion Corp., and we have a picture … Continue reading

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Real Estate Now Leading Recovery

The Mortgage Corner Can it be that real estate will give a boost to the next stage of the U.S. recovery? Exports, and so manufacturing has stalled due to the China and European slowdown. Multiple indexes show rising real estate … Continue reading

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Which Deficit is Most Important?

Popular Economics Weekly All the talk of budget deficits really focuses on the wrong deficit. It is the output deficit of goods and services lost because of the Great Recession that is most important, not the state and federal budget … Continue reading

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Pending Sales Show Housing Improvement

The Mortgage Corner   The NAR’s Pending Home Sale Index, a forward-looking indicator of existing-home sales, rose 4.3 percent to 82.3 based on contracts signed in August from 78.9 in July. The data reflects contracts and not closings, which normally … Continue reading

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