by sslifer | Feb 3, 2021 | Federal Reserve, Interest Rates, NumberNomics Notes
February 3, 2021 Once the recession began in December 2007 the Fed tried to stimulate the economy and ultimately pushed the funds rate almost to 0%. It remained at that record low level until December 2015 With the funds rate at 0% and inflation persistently falling...
by sslifer | Feb 3, 2021 | Housing, Interest Rates, NumberNomics Notes
February 3, 2021 Once the recession began in December 2007 the Fed tried to stimulate the economy and ultimately pushed the funds rate almost to 0%. It remained at that record low level until December 2015 .Right after the election in November 2016 mortgage rates...
by sslifer | Jan 25, 2020 | Budget / Debt Outstanding, NumberNomics Notes
January 25, 2020 The Congressional Budget Office recently reported that the budget deficit for the current fiscal year is likely to be $1.0 trillion. A deficit of that magnitude will push debt held by the public to 80.7% of GDP. For the first seven years of the...
by sslifer | Jan 25, 2020 | Budget / Debt Outstanding, NumberNomics Notes
January 25, 2020 The Congressional Budget Office reported that the budget deficit for fiscal year 2019 came in at $984 billion. For the current fiscal year (FY 2020) the budget deficit is projected to be $1.0 trillion. It will remain above the $1.0 trillion level...
by sslifer | Feb 22, 2012 | Employment, NumberNomics Notes
February 22, 2012 Weekly earnings for private sector employees in 2011 were $729 which is 23% below their public sector counterparts which came in at $895. Federal government employees topped the list at $1,063 dollars per week which 46% higher than the comparable...
by sslifer | Aug 25, 2011 | Miscellaneous
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