by sslifer | Dec 15, 2023 | Commentary for the Week, NumberNomics Notes
December 15, 2023 Looking ahead to 2024 the economy should largely shrug off the remaining impact of high interest rates and not slip into recession. Inflation should continue to trend lower but its rate of descent will be less pronounced than in this past year. It...
by sslifer | Dec 8, 2023 | Commentary for the Week, NumberNomics Notes
December 8, 2023 The employment report for November defied expectations as the economy generated 199 thousand jobs and the unemployment rate fell 0.2% to 3.7%. At the same time, consumer sentiment jumped 13% in December and is now close to its highest level in two...
by sslifer | Nov 17, 2023 | Commentary for the Week, NumberNomics Notes
November 17, 2023 The CPI registered no change in October which is encouraging because the CPI has risen every month since May 2020. The 12-month increase in the CPI has plunged from a peak of 9.0% to the 3.2% mark. The core rate has dropped from 6.5% to 4.0%. ...
by sslifer | Nov 10, 2023 | Commentary for the Week, NumberNomics Notes
November 10, 2023 The recent productivity spurt is worth noting and is, perhaps, the beginning of a longer-lasting uptrend. If so, the economy’s economic speed limit could climb from 1.8% today to perhaps 2.5%. Faster potential growth is the holy grail of...
by sslifer | Oct 13, 2023 | Commentary for the Week, NumberNomics Notes
October 13, 2023 The economic situation was already complicated with the resumption of payments on student loans, the ongoing UAW strike, and a dysfunctional Congress with the prospect of a government shutdown looming. But now the outbreak of war in the Middle East...
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