by sslifer | Feb 21, 2025 | Commentary for the Week, NumberNomics Notes
February 21, 2024 The housing market has been in a slump for the past two years as opposing forces tug in opposite directions. First time homebuyers are struggling with the combination of higher home prices and higher mortgage rates. The possibility of home ownership...
by sslifer | Feb 14, 2025 | Commentary for the Week, NumberNomics Notes
February 14, 2025 The available data available for January are so distorted that it is impossible to get a good reading on the performance of the economy or inflation in the early part of the year. The CPI data for January were higher than expected and made investors...
by sslifer | Feb 7, 2025 | Commentary for the Week, NumberNomics Notes
February 7, 2025 This past week we learned about wild swings in employment the past three months combined with a steady decline in the workweek which does not seem to make a lot of sense. The Bureau of Labor Statistics said that the wildfires in California and the...
by sslifer | Jan 31, 2025 | Commentary for the Week, NumberNomics Notes
January 31, 2025 Fourth quarter GDP growth was 2.3% slightly below the consensus forecast of 2.6%. Growth for the quarter was led by consumer spending which jumped 4.2%. The only reason GDP growth was not more rapid was because the slow pace of inventory accumulation...
by sslifer | Jan 31, 2025 | Inflation, NumberNomics Notes
January 31, 2025 The employment cost index for civilian workers climbed at a 3.6% annual rate in the fourth quarter after climbing at a 3.1% annual rate in the third quarter. Over the course of the past year it has risen 3.8%. The employment cost index peaked at...
by sslifer | Jan 24, 2025 | Commentary for the Week, NumberNomics Notes
January 24, 2025 .Trump is going to impose significant tariffs on all goods coming from Mexico, Canada, China, Europe, and Russia. He indicated that he intends to impose a 25% tariff on products imported from Mexico and Canada. Those are our biggest trading...
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