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Happy Consumers Are the Key…

Popular Economics Weekly

FREDretailsales

Are we heading for a fall in the Fall when the ordinary flu season begins? The chickens may be coming home to roost, as the saying goes, because the US economy opened to soon. 495 more words

Weekly Financial News

What Future Job Growth?

Financial FAQs

Calculated Risk

The Job Openings and Labor Turnover Survey (JOLTS) put out by the Labor Department (BLS) probably only makes sense to economists, because it gives a picture of the job market in coming months, as well as the present. 578 more words

Weekly Financial News

Employment Picture Still Unclear

Popular Economics Weekly

Marketwatch.com

The official unemployment rate fell for the third month in a row to 10.2 percent from 11.1 percent, the government said Friday. 650 more words

Weekly Financial News

Alas, The Recovery That Was…

Financial FAQs

Reuters.com

Because the deadline has passed to renew unemployment benefits enacted by the CARES Act, it looks like there will be no quick economic recovery in the fall. 475 more words

Weekly Financial News

When Will Growth Return?

Financial FAQs

FRED-MarketWatch

The headline decline in Q2 GDP growth only touches the surface of what economic growth to expect this fall and winter. The drop of minus -32.9 percent was inevitable with the pandemic lockdowns, but not the severity of any recovery. 317 more words

Weekly Financial News

Consumer Confidence in Decline

Popular Economics Weekly

FRED

There are a number of reasons that consumers are becoming more fearful after that initial boost of spending with the spring holidays. 466 more words

Weekly Financial News

What ‘V’– Shaped Recovery?

Popular Economics Weekly

FREDInitialClaims

It’s becoming obvious to me there will be no ‘V’ shaped economic recovery with positive GDP growth resuming in the fall and winter quarters, after the plunges we are seeing in Q1 and projected Q2 growth. 589 more words

Weekly Financial News