Tag Archives: labor productivity

Why the Historical Decline in US Growth?

The Mortgage Corner @GregDaco Nonfarm business sector labor productivity decreased 0.3 percent in the third quarter of 2019, first decline in 5 years, the U.S. Bureau of Labor Statistics reported, as output increased 2.1 percent and hours worked increased 2.4 … Continue reading

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Why the Fed’s Obsession With Inflation?

Popular Economics Weekly tradingeconomics.com/FRED The Federal Reserve’s December FOMC statement, said, after increasing their overnight rate another one-quarter percent: “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee judges that some further … Continue reading

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A Weak Jobs Report?

Popular Economics Weekly Graph: MarketWatch “The unemployment rate declined to 3.7 percent in September, and total nonfarm payroll employment increased by 134,000, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, in health … Continue reading

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Where is the Inflation, Higher Growth?

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading

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Where is Inflation, and Higher Growth?

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading

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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

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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

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