by sslifer | Oct 8, 2021 | Commentary for the Week, NumberNomics Notes
October 8, 2021 The job gains in September were significantly small than expected. But the rest of the employment report told a very different story. Specifically, civilian employment – which includes self-employed workers — rose by a solid 526 thousand. The...
by sslifer | Oct 1, 2021 | Commentary for the Week, NumberNomics Notes
October 1, 2021 The economy’s production sector continues to be constrained by shortages of labor, an inability to get necessary raw materials, longer lead times, and shipping delays. This has reduced our projected GDP growth forecast in the near-term, but boosted...
by sslifer | Sep 24, 2021 | Commentary for the Week, NumberNomics Notes
September 24, 2021 The Fed has extended its economic outlook through 2024. It expects GDP growth to slow gradually in each of the next few years. It is sticking with its story that the currently elevated inflation rate is transitory and will return to its 2.0%...
by sslifer | Sep 24, 2021 | Commentary for the Week, NumberNomics Notes
September 24, 2021 The CDC tell us that 60 million adults remain unvaccinated. The reasons vary. Some worry that the vaccine has not been sufficiently tested. Others are concerned about side effects. Some do not trust the government. Others simply do not want...
by sslifer | Sep 17, 2021 | Commentary for the Week, NumberNomics Notes
September 17, 2021 We continue to be struck by economists’ perpetual fear that a recession or substantially slower growth is just around the corner. If a weak economic indicator is released they tell us that our fear of contracting COVID is preventing us from...
by sslifer | Sep 10, 2021 | Commentary for the Week, NumberNomics Notes
September 10, 2021 With each additional tidbit of data economists and market participants reevaluate the timing and speed with which the Fed will “taper” its monthly purchases of securities. It is true, that reducing its securities purchases represents the beginning...
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