Tag Archives: GDP growth

A New Year’s Wish—Greater Prosperity for All of US!

Popular Economics Weekly Although this cannot happen until results of the 2020 presidential election overturn a Republican Senate, I wish for something that President Eisenhower has said best. With higher tax rates that prevailed in the 1950-1970s, corporations in the … Continue reading

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Q3 GDP Unchanged

Popular Economics Weekly FRED The Commerce Department’s final estimate of third quarter U.S. economic growth was unchanged at 2.1 percent, as strong consumer spending was offset by weaker business investment and shrinking inventories. Consumers were the difference, as they kept … Continue reading

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Economic Growth…Watch Out Below—Part II!

Popular Economics Weekly Wrightson.com It is obvious from the above graph that manufacturing activity is contracting, whereas the service industries continue to grow.  Exports that depend mostly on manufactured goods are therefore declining, while imports that depend on consumers will … Continue reading

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What’s Happening To Interest Rates?

Popular Economics Weekly StLouisFRED The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis after being unchanged in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading

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Lower Retail Sales Hint at Weaker Economic Growth Ahead

Popular Economics Weekly Fred U.S. retail sales that mirror consumer spending, which powers some two-thirds of U.S. GDP growth, fell for the first time in seven months in September, raising fears that a slowdown in the American manufacturing sector could … Continue reading

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Why Make America Small Again?

Popular Economics Weekly ResearchPew Why make America small again is the question Americans should be asking President Donald Trump whose immigration policies are designed to do just that. He would reduce immigration flows by 50 percent, if he and his … 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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