Category Archives: Consumers

Loneliness in America is a Public Health Problem

ANSWERING THE KENNEDYS CALL As part of our series on community-building I am reporting on what happens to Americans as a result of the breakdown of community, which Robert Putnam first documented in his best-seller, “Bowling Alone: the Collapse and … Continue reading

Posted in Consumers, Economy, Uncategorized | Tagged , , , , | Leave a comment

Why aren’t Wages Growing Faster?

Popular Economics Weekly Graph: FRED Interest rates are far too low for this late in the recovery from the Great Recession. We know this because the Treasury Yield Curve has been falling that measures the difference between the 10-year and … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

Slower July Jobs Growth

Popular Economics Weekly Graph: MarketWatch Total nonfarm payroll employment rose by 157,000 in July, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, in manufacturing, … Continue reading

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , | Leave a comment

Better Economic Growth Ahead?

Popular Economics Weekly Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Housing Sales Are Slowing

The Mortgage Corner Existing-home sales decreased for the third straight month in June, as declines in the South and West exceeded sales gains in the Northeast and Midwest, reports the National Association of Realtors. The ongoing supply and demand imbalance … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

The Dire Consequences of Record Income Inequality

ANSWERING the KENNEDYS CALL In a new Economic Policy Institute report entitled The New Gilded Age, income inequality has risen in every state since the 1970s, and in most states it has continued to grow in the post–Great Recession era. … Continue reading

Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment

Is 4% GDP Growth Real?

Popular Economics Weekly Graph: Econoday Many economists, including Trump economic advisor Larry Kudlow, are predicting up to 4 percent economic growth over the next few quarters. Why? Full employment is enticing consumers to buy more, with booming retail sales and … Continue reading

Posted in Consumers, Economy, Keynesian economics, Uncategorized, Weekly Financial News | Tagged , , , , , | Leave a comment