Category Archives: Consumers

How Strong is This Year’s Housing Market?

The Mortgage Corner Econoday.com The NAR reported that Existing-home sales saw a minor decline in April, continuing March’s drop in sales, according to the National Association of Realtors®. Two of the four major U.S. regions saw a slight dip in … Continue reading

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Oh, Oh, Retail Sales Also in Decline?

Popular Economics Weekly The effects of the Trump administration’s trade wars are already slowing down consumer spending, not a good sign if Trump maintains tariffs for a longer period, as promised. Econoday.com The US Census Bureau is now reporting a … Continue reading

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Do Trump Trade Wars = Recession?

The Mortgage Corner There are already signs President Trump’s trade wars are hurting. Right now, it’s mainly his Midwestern farm constituents that have seen their agricultural exports plummet. But what happens when rising prices from the tariffs are passed on … Continue reading

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Where are the Workers?

Popular Economics Weekly The number of job openings rose to 7.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.7 million and … Continue reading

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Our Student Debt Problem

Financial FAQs College students and former students have amassed some $1.5 trillion in student debts, most of it (90 percent) held by the federal government or guaranteed by same. And this is holding back a whole generation of young adults … Continue reading

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A Huge Employment Report

Popular Economics Weekly The U.S. Bureau of Labor Statistics (BLS) reported today that total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent. It was the lowest unemployment rate in 49 years—since December … Continue reading

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Are Consumers Happy, Will Continue to Spend?

Financial FAQs I mentioned last week the big question remains, with March’s initial estimate of Q1 GDP growth, will consumers continue to maintain their share of consumption and continue to boost economic growth? Today’s release of February and March Personal … Continue reading

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