by sslifer | Nov 3, 2023 | Commentary for the Week, NumberNomics Notes
November 3, 2022 The employment report for October confirmed that the monthly gains in employment continue to slow gradually. The 150 thousand increase in employment was held down by the loss of 33 thousand workers in the automobile industry caused by the UAW strike,...
by sslifer | Aug 25, 2023 | Commentary for the Week, NumberNomics Notes
August 25, 2023 How high must the funds rate go before the Fed says it is done tightening? When might the Fed begin to lower the funds rate? Fed Chair Powell refuses to answer either of those questions for two good reasons. First, the Fed never wants to be locked...
by sslifer | Aug 4, 2023 | Commentary for the Week, NumberNomics Notes
August 4, 2023 The economy may finally lose some momentum later this year as student loan debt repayment returns in October and as the recent sharp jump in interest rates should provide at least some further growth moderation later in the fourth quarter and the early...
by sslifer | Jul 7, 2023 | Commentary for the Week, NumberNomics Notes
July 7, 2023 At midyear 2023 the economists who suggest that the economy will slip into recession in the second half of the year must be feeling nervous. The service sector of the economy rebounded in June. The employment report for June was solid with a 209...
by sslifer | Jun 23, 2023 | Commentary for the Week, NumberNomics Notes, Uncategorized
June 23, 2023 With every passing month the Conference Board’s index of leading indicators continues to decline and economists become even more convinced that a recession is on the immediate horizon. The problem is that the economy is not cooperating. Businesses are...
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