by sslifer | Apr 26, 2024 | Commentary for the Week, NumberNomics Notes
April 26, 2024 The slower-than-expected 1.6% GDP growth rate in the first quarter and the faster-than-expected increase in the core personal consumption expenditures deflator of 3.7% was generally regarded as the worst of both worlds. That is not quite true. ...
by sslifer | Apr 19, 2024 | Commentary for the Week, NumberNomics Notes
April 19, 2024 Economic forecasts have been notably inaccurate for the past couple of years. Virtually every economist expected a recession in the second half of last year. But growth for the year was a solid 3.1%. Most economists expected the inflation...
by sslifer | Apr 12, 2024 | Commentary for the Week, NumberNomics Notes
April 12, 2024 The larger-than-expected increase in the consumer price index for March combined with a robust employment report for that month, has ignited a fear that the Fed will not ease nearly as much as hoped for in the second half of this year. A month ago the...
by sslifer | Apr 5, 2024 | Commentary for the Week, NumberNomics Notes
April 5, 2024 The economy continues to be on a roll. The monthly employment gains are impressive. The workweek has rebounded. First quarter GDP growth keeps getting revised higher. We have raised our GDP estimates for both the first and second quarters from 2.2%...
by sslifer | Apr 4, 2024 | Consumer, NumberNomics Notes
April 4, 2024 Consumers debt service payments relative to income rose somewhat in the fourth quarter to 9.8%, .Consumer debt in relation to income is slightly higher than it was a couple of quarters ago as the result of a rapid increase in credit card debt. But the...
by sslifer | Apr 4, 2024 | Federal Reserve, NumberNomics Notes
April 4, 2024 M-2 consists of funds that businesses can use to pay their workers, pay the rent, and keep the lights on, or that consumer can use to pay their rent or mortgage, their car loan, or buy food. Thus, it is a measure of liquidity in the economy. In March...
Follow Me