Tag Archives: GDP growth

Immigration and Trump’s “S***Hole” Comment

Popular Economics Weekly How should we remember Martin Luther King, Jr. on his holiday? That greater equality creates greater prosperity for all; as well as greater peace. President Trump’s S***Hole comments were meant as a signal to his neo-nazi supporters … Continue reading

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

Q3 Economic Growth Jumps to 3.3% (Revised)

Popular Economics Weekly It looks like the U.S. economy is charging ahead for the next few quarters, as Q3 Gross Domestic Product was revised from 3 percent to a 3.3 percent growth rate, due to higher exports and capital expenditures. … Continue reading

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

Our Housing Supply Is Catching Up (Revised)!

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of … Continue reading

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

Increasing Growth Ahead, But Watch for Bubbles!

Financial FAQs Maybe it’s the natural disasters plaguing U.S. Or the fact businesses haven’t been investing in future growth until now. But the times they are a’changin, as GDP grew 3 percent in Q3 for the second quarter in a … Continue reading

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

Who Needs a Tax Cut?

Popular Economics Weekly It turns out very few of us need a tax cut. Marketwatch economist Rex Nutting calculates that those in the 60 percent middle-income brackets—from $32,000 to $140,000 per year—pay just an average 2.5 percent in income taxes. … Continue reading

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

Another Decent Employment Report

Financial FAQs The Bureau of Labor Statistics reported that 156,000 additional nonfarm payroll jobs were created in August, which was less than expected, but will be enough to keep markets happy. And the unemployment rate edged up to 4.4 percent … Continue reading

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

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

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