by sslifer | Apr 28, 2023 | Commentary for the Week, NumberNomics Notes
April 28, 2023 One of the biggest economic puzzles today is the surprising divergence between consumer confidence, which has plummeted, and consumer spending which has continued to climb at a moderate pace. That makes absolutely no sense. If we are as scared as we...
by sslifer | Mar 24, 2023 | Commentary for the Week, NumberNomics Notes
March 24, 2023 The Federal Reserve as an institution will never say it expects a recession. But Fed governors and Federal Reserve Bank presidents individually may have that expectation. That seems to be the case at the moment. This past week we learned more about...
by sslifer | Mar 17, 2023 | Commentary for the Week, NumberNomics Notes
March 17, 2023 The banking crisis has now swallowed three U.S. institutions — Silvergate, Silicon Valley Bank, and Signature Bank — and threatens First Republic Bank. There was a legitimate fear that other regional banks could have similar difficulties. ...
by sslifer | Feb 10, 2023 | Commentary for the Week, NumberNomics Notes
February 10, 2023 One of the many economic mysteries since the economy dipped into recession in March 2020 is, where did all the workers go? The labor force at the beginning of the recession was 164.5 million workers. This represents the number of people who were...
by sslifer | Jan 27, 2023 | Commentary for the Week, NumberNomics Notes
January 27, 2023 GDP expanded at a 3.2% growth rate in the third quarter and a solid 2.9% pace in the fourth quarter. But those results are history. They tell us nothing about what is happening currently. We know that economic activity plunged in December —...
Follow Me