by sslifer | Sep 12, 2023 | Miscellaneous, NumberNomics Notes
September 12, 2023 Corporate cash holdings in the first half of 2020 as the government quarantine basically caused the economy to stop dead in its tracks. Firms needed to raise money wherever they could to keep them going until such time as the virus eased its grip...
by sslifer | Jun 13, 2023 | Inflation, NumberNomics Notes
June 13, 2023 Gasoline prices fell $0.03 in the week ending June 5 to $3.54 after having risen $0.04 in the previous week. In South Carolina gasoline prices tend to be about $0.25 below the national average or $3.29. The EIA currently expects gasoline prices...
by sslifer | May 17, 2023 | Housing, NumberNomics Notes
May 17, 2023 Home ownership rose 0.1% in the first quarter to 66.0 after having declined 0.1% in the fourth quarter. Homeownership had been rising gradually for several years before the pandemic hit. It jumped 2.6% in the second quarter of 2020 to 67.9, but has...
by sslifer | Jun 29, 2022 | Federal Reserve, NumberNomics Notes
April 4, 2024 In the wake of the economic meltdown caused by the government’s dramatic measures to halt the spread of the corona virus the Fed leaped into action. It boosted its balance sheet by about $3.0 trillion in March and April 2020 primarily via...
by sslifer | Jun 9, 2022 | Miscellaneous, NumberNomics Notes
June 9, 2022 The trade-weighted value of the dollar, which represents the value of the dollar against the currencies of a broad group of U.S. trading partners has risen 7.7% from where it was at this time last year and it is expected to continue to rise in value...
by sslifer | May 17, 2022 | Miscellaneous, NumberNomics Notes
May 17, 2022 Firms are always trying to keep their inventories in line with sales. When the economy falls into recession, typically businesses do not cut back production as quickly as sales decline, so the inventory/sales ratio rises sharply — which is exactly...
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