Category Archives: Consumers

Housing Construction, Leading Economic Indicators Still Strong

The Mortgage Corner Graph: Econoday The residential housing market is still starving—of supply, that is. Not enough homes are being built to meet the surging demand of new households from both millennials and immigrants. This is when construction starts fell … Continue reading

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April Retail, Consumer Spending Just Ok

Popular Economics Weekly Graph: Marketwatch Consumers have to do better, if GDP growth is to exceed 3 percent, as the recent tax cut bill promised. Consumer spending was weak in the first quarter and the first look at the second … Continue reading

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Our ‘Drip-Down’ Economy

Popular Economics Weekly Graph: Marketwatch The results are already in on the current administrations tax and economic policies. They are carrying Ronald Reagan’s trickle-down economy to an even lower level. Let’s call it the ‘Drip-Down Economy’, since none of the … Continue reading

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A 17-year Low Jobs Rate

Popular Economics Weekly Graph: Market.com Total nonfarm payroll employment increased by 164,000 in April, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, manufacturing, … Continue reading

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When is the Next Recession?

Financial FAQs Graph: TradingEconomics.com We are nearing the end of the second-longest growth cycle since the Clinton era’s 10-year 1991-2001 boom years; because once again a huge amount of debt has accumulated that ultimately has to be paid for. Are … Continue reading

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Good Initial Q1 GDP Growth

Popular Economics Weekly Graph: bea.gov Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the first quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, … Continue reading

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New-Home Sales, Consumer Confidence Booming

The Mortgage Corner Graph: Econoday In spite of rising mortgage rates, new-home sales are booming and consumer confidence is at multi-year highs. March new-home sales rose 4.0 percent annualized to 694,000 and is just off the expansion high of 711,000 … Continue reading

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