Monthly Archives: September 2019

Q2 GDP Growth Unchanged

Popular Economics Weekly BEA.gov In the face of declining consumer confidence, but strong consumer and government spending, the third estimate of second quarter GDP growth was unchanged at 2 percent. The BEA reported the increase in real GDP in the … Continue reading

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Strong Home Sales Mean What?

The Mortgage Corner   It looks like home sales are are defying expectations of an economic slowdown, as both existing and pending home sales are rising. Pending sales measure contracts scheduled to close in 30-60 days, which is a sign … Continue reading

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Why Make America Small Again?

Popular Economics Weekly ResearchPew Why make America small again is the question Americans should be asking President Donald Trump whose immigration policies are designed to do just that. He would reduce immigration flows by 50 percent, if he and his … Continue reading

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Retail Sales Rising Again

Popular Economics Weekly Calculated Risk Retail sales were strong in August from motor vehicle sales, mainly. On a monthly basis, retail sales increased 0.4 percent from July to August (seasonally adjusted), and sales were up 4.1 percent from August 2018, … Continue reading

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Fear of Recession Rises as Wholesale Prices Fall

The Mortgage Corner MarketWatch The wholesale cost of raw and partly finished goods both fell in August and are negative in the past year, suggesting little inflation in the “pipeline,” according to the Bureau of Labor Statistics. Wholesale inflation has … Continue reading

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JOLTS Survey Reports Increase in Hiring

Financial FAQs Calculated Risk This Calculated Risk graph for the Labor Department’s Job Openings and Labor Turnover Survey says (almost) all of it. The yellow line signifying job openings is still soaring far above hires (blue line); so much so … Continue reading

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Why Fewer Jobs Created in August?

Popular Economics Weekly MarketWatch The economy added just 130,000 new jobs in August, marking the smallest increase in three months and offering more evidence that hiring has slowed amid a broadening trade dispute with China that’s disrupted the U.S. and … Continue reading

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