by sslifer | Mar 1, 2024 | Commentary for the Week, NumberNomics Notes
March 1, 2024 The Congressional Budget Office currently estimates potential GDP growth in the U.S. for the next decade to be 2.0% — 0.6% growth in the labor force plus 1.4% growth in productivity. Potential GDP growth can be thought of as the economy’s speed...
by sslifer | Jan 19, 2024 | Commentary for the Week, NumberNomics Notes
January 19, 2024 Most economists expect the economy to slow in the first half of 2023 and some still anticipate a recession in the months ahead. That appears to be an increasingly unlikely scenario. The economy closed out last year on a strong note and that strength...
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 | 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 | 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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