Tag Archives: exports

Lowest Unemployment Rate In 50 Years

Popular Economics Weekly MarketWatch The unemployment rate dropped to a 50-year low, and there are still 6 million jobs available. Private payrolls expanded by 114,000 after an upwardly revised 122,000 advance the prior month, according to a Labor Department report … Continue reading

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Higher Home Sales Mean What?

The Mortgage Corner FRED “Sales of new single‐family houses in August 2019 were at a seasonally adjusted annual rate of 713,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. … Continue reading

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Q2 GDP Growth Slowing—What Else?

Popular Economics Weekly BEA.gov The 2nd estimate of second quarter Real Gross Domestic Growth slowed to 2 percent, from 3.1 percent in January. It looks like GDP is slowing to the average rate that has prevailed since the end of … 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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Important Unemployment Report Tomorrow?

Financial FAQs Graph: Econoday Tomorrow’s U.S. unemployment report is predicted to drop the unemployment rate to 3.8 percent, according to MarketWatch. But that may be misleading, as almost one million job openings remain unfilled, which could boost the payroll jobs … Continue reading

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How Bad Is Our Trade Deficit?

Financial FAQs President Trump just announced a 25 percent tariff (tax) on imported steel, and 10 percent tariff on aluminum. Will this improve our 2017 $566 billion trade deficit? Can we lower our trade deficit with higher tariffs on such … Continue reading

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How Bad Is Our Trade Deficit?

Financial FAQs President Trump just announced a 25 percent tariff (tax) on imported steel, and 10 percent tariff on aluminum. Will this improve our 2017 $566 billion trade deficit? Can we lower our trade deficit with higher tariffs on such … Continue reading

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Boom Times for Manufacturing

Popular Economics Weekly A measure used by economists to track investment, known as core capital orders (minus defense and aircraft), rose 4 percent in the 12 months ended in September. It has risen 1.3 percent for three consecutive months, according … Continue reading

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Cheaper Dollar Will Help Job Growth

Popular Economics Weekly The U.S. Dollar is falling due to a number of factors. And this will boost the export of manufactured goods, as our goods will now be cheaper overseas. It will hurt imports, which become more expensive (even … Continue reading

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A Gangbusters Jobs Report Tomorrow?

Financial FAQs It looks like tomorrow’s unemployment report could be the best of the New Year.  That’s because ADP’s February private payroll estimate is 298,000, a yuge number. This would make tomorrow’s jobs report the biggest gain since October 2015 … Continue reading

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