by sslifer | Nov 19, 2021 | Commentary for the Week, NumberNomics Notes
November 19, 2022 Most economists expect GDP growth to slow next year in part because the excessive government stimulus provided in the first few months of this year will continue to disappear. Others are concerned that the steady drumbeat of higher inflation will...
by sslifer | Nov 12, 2021 | Commentary for the Week, NumberNomics Notes
November 12, 2012 The September CPI report made it clear that the recent burst of inflation is not going away any time soon and may be getting worse. This should not be a great surprise but it is, apparently, to Fed officials. Maybe the unexpected September data...
by sslifer | Nov 5, 2021 | Commentary for the Week, NumberNomics Notes
November 5, 2021 The employment report for October makes it clear that the labor market is rebounding after an August and September slump. If that is the case GDP growth in the fourth quarter should also rebound from its anemic 2.0% third quarter pace. For what it...
by sslifer | Oct 29, 2021 | Commentary for the Week, NumberNomics Notes
October 29, 2021 Third quarter GDP growth came in at a disappointing 2.0% rate as COVID ripped through the unvaccinated world, and supply chain interruptions curtailed production. The pessimists quickly emerged. One economist wondered how close the economy might be...
by sslifer | Oct 22, 2021 | Commentary for the Week, NumberNomics Notes
October 22, 2021 The demand for workers is the strongest it has been in decades. But despite ample job opportunities workers have been slow to seek out employment. There are probably a variety of reasons ranging from generous unemployment benefits, fear of catching...
by sslifer | Oct 15, 2021 | Commentary for the Week, NumberNomics Notes
October 15, 2021 The economy hit a speed bump in the summer as COVID cases began to climb. But now COVID cases are in a tailspin which suggests that the economy is likely to rebound in the fourth quarter. That is reassuring but there is little slack left in the U.S....
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