Tag Archives: personal savings rate

A Weak Unemployment Report Tomorrow?

Financial FAQs ADP There could be a sharp drop in new job creation in tomorrow’s Labor Department unemployment report. Why? The GM strike could have shaved as much as 65,000 jobs from the report due to layoffs over the past … Continue reading

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Q2 GDP Growth Unchanged

Popular Economics Weekly BEA.gov In the face of declining consumer confidence, but strong consumer and government spending, the third estimate of second quarter GDP growth was unchanged at 2 percent. The BEA reported the increase in real GDP in the … Continue reading

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Why No Inflation?

Financial FAQs I have been talking about the danger of too low inflation for some time.  This graph portrays the history of inflation since the 1970s, when the Arab oil embargo caused oil prices and inflation to soar to unacceptable … Continue reading

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Trade Wars Not Good For Future Growth Either

Popular Economics Weekly The Conference Board Leading Economic Index® (LEI)for the U.S. increased 0.2 percent in May to 109.5 (2016 = 100), following a 0.4 percent increase in April, and a 0.4 percent increase in March. This monthly announcement of … 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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Higher GDP, Consumer Spending Will Boost 2016 Growth

Financial FAQs Q4 GDP growth was just revised upward to 1.0 percent, from the 0.7 percent first estimate.  This, January’s personal income figures and durable goods orders show consumers and even parts of the manufacturing sector are still expanding, which … Continue reading

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Dr. Robert Shiller–Why the Weak Recovery?

Popular Economics Weekly Nobelist Robert Shiller, winner of the Nobel for his research in Behavioral Economics, or the psychology that drives economic behavior, has come up with the latest reason this economic recovery has been so weak to date. GDP … Continue reading

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