by sslifer | Feb 14, 2020 | Commentary for the Week, NumberNomics Notes
February 14, 2020 News about the number of reported cases of the corona virus and the number of deaths attributed to it change daily. Because China is the world’s second largest economy there is no doubt that Chinese GDP growth will be slashed in the first quarter of...
by sslifer | Feb 7, 2020 | Commentary for the Week, NumberNomics Notes
February 7, 2019 What seems to differentiate our relatively optimistic view of the economy from that of other economists is that we believe the economic speed limit has accelerated The fourth quarter increase in productivity suggests we are on the right track ...
by sslifer | Jan 31, 2020 | Commentary for the Week, NumberNomics Notes
January 31, 2020 Fourth quarter GDP growth continued onward and upward at a 2.1% pace. This means that GDP came in at 2.3% for 2019. In fact, the annual growth rates for GDP have exceeded the 2.0% mark every year since 2012. While there have been quarterly wiggles,...
by sslifer | Jan 24, 2020 | Commentary for the Week, NumberNomics Notes
January 24, 2019 Existing home sales continued to climb in December to 5,540 thousand which is 10.8% higher than they were in December a year ago. Rising consumer income and low mortgage rates are bringing potential buyers back into the market. That is good. But,...
by sslifer | Jan 17, 2020 | Commentary for the Week, NumberNomics Notes
January 17, 2020 GDP continues to expand at a more rapid rate than most economists expected. Inflation remains at a surprisingly subdued rate. The Fed plans to hold rates steady for the foreseeable future. The stock market has reached a series of record high...
by sslifer | Jan 10, 2020 | Commentary for the Week, NumberNomics Notes
January 10, 2019 We recently learned that for November the trade deficit shrank $3.9 billion to $43.1 billion after having narrowed $4.2 billion in October. The impressive decline in the trade gap may appear to be a good thing, but the deficit is contracting for the...
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