by sslifer | Dec 10, 2021 | Commentary for the Week, NumberNomics Notes, The Year Ahead Outlook
December 10, 2021 As we see it, 2022 is likely to be characterized by surprisingly robust GDP growth (4.9%) and inflation is almost certain to remain far higher than the Fed would like to see (4.8%). But because the Fed continues to believe that the recent run-up in...
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 | 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...
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