Tag Archives: consumer spending

What Do Slowing Retail Sales Mean?

Popular Economics Weekly Graph: Econoday Retail sales are slowing this fall, yet consumers’ confidence is at an all-time high. Why are consumers buying less and saving more this season? It could be higher interest rates, as the Fed has raised … Continue reading

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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

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Consumers ‘Another Day Older and Deeper in Debt…”

Popular Economics Weekly “Ya load sixteen tons, whaddya get, another day older and deeper in debt…”, the famous folksong sung by Burl Ives and Tennessee Ernie Ford describes today’s consumers who are still spending huge amounts of borrowed money at … Continue reading

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Trade Wars Kill Future Growth—Part II

Popular Economics Weekly The sad reality is that in initiating trade wars with allies and opponents alike, President Trump could be bringing on the next Great Recession. Because breaking up trade alliances with our allies means less leverage in any … Continue reading

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Trade Wars Kill Future Growth—Part II

Popular Economics Weekly The sad reality is that in initiating trade wars with allies and opponents alike, President Trump could be bringing on the next Great Recession. Because breaking up trade alliances with our allies means less leverage in any … Continue reading

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Boom Times Here with Rising Retail Sales, Inflation

The Mortgage Corner Retail sales jumped 0.8 percent in May which easily tops economists’ estimates. And the results include an upward revision to April which now stands at a 0.4 percent gain, according to Econoday. It is in part due … Continue reading

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JOLTS Report Suggests Workers Holding Out for Higher Pay

Financial FAQs Graph: Econoday “For the first time in nearly 20 years of existing records, the number of job openings, at 6.698 million in April, is exceeding the number of unemployed actively looking for work, at 6.346 million in April … Continue reading

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