[unable to retrieve full-text content]Some thoughts. If inflation is increasing at a lower rate than previously, the higher rate for previous years have set a higher level. There by, if salary increase is based upon the new lower inflation rate it will not equal or surpass the cost level already incurred. Indeed, unless costs stagnant or decrease, salary increases […] The post Wages Have Not Caught Up with Previous Inflation appeared first on Angry Bear.
Read More »Cannon ball don’t pay no mind . . .
[unable to retrieve full-text content]Though you’re gentle, or you’re kind. It don’t think ’bout folks behind . . . (miriam berg’s folksong collection). Neither does Trump pay much mind if you are Democrat or Republican, poor or rich, black or white . . . You are laid off or fired regardless. I guess you have to learn the hard […] The post Cannon ball don’t pay no mind . . . appeared first on Angry Bear.
Read More »Economic Data
[unable to retrieve full-text content]Data drought continues – by New Deal democrat There is no new significant economic data today, and I am on the road. Meaningful reporting should resume tomorrow with housing permits, starts, and construction. In the meantime, here is a look at a high frequency series I keep track of: Redbook retail sales, for the past […] The post Economic Data appeared first on Angry Bear.
Read More »Industrial Policy
[unable to retrieve full-text content]Fairly new article on international manufacturing. I broke it down, added information plus another chart, and did some editing. It really was a good article on manufacturing. I just made it better based on my fifty years in supply chain and throughput. Industrial Policy is Back. Is That a Good Thing? What Are the Issues? […] The post Industrial Policy appeared first on Angry Bear.
Read More »New Deal democrats Weekly Indicators for February 10 -14
[unable to retrieve full-text content]– by New Deal democrat There’s no significant economic news today. Since I didn’t publish a link to my “Weekly Indicators” post up at Seeking Alpha over the weekend, here it is now. Left to its own devices, as I’ve written a number of times recently, the economy is in “steady as she goes” mode, with few […] The post New Deal democrats Weekly Indicators for February 10 -14 appeared first on...
Read More »Flying the unfriendly skies
[unable to retrieve full-text content]I’ve been a big fan of airline travel and have flown hundreds of times on commercial flights for business and pleasure over the past five decades. Not anymore: “The Trump administration has begun firing several hundred Federal Aviation Administration employees, upending staff on a busy air travel weekend and just weeks after a January fatal […] The post Flying the unfriendly skies appeared first on Angry Bear.
Read More »U.S. Economic Confidence Ticks Down
[unable to retrieve full-text content]I grabbed a few of the charts from this recent Gallup ECI report not so much to do a political viewpoint. Just watching the massive layoffs at the US Government which will certainly impact the nation’s Unemployment numbers. That layoff was bad enough when measured against the respect for people. It will have an economic […] The post U.S. Economic Confidence Ticks Down appeared first on Angry Bear.
Read More »Trump and the Economy
[unable to retrieve full-text content]Can Trump Tank the Biden Economy? Here Are Eight Ways – by Dean Baker CEPR President Biden handed off the best economy to an incoming president since at least the 2001 handoff from Clinton to Bush II. In his last quarter in office, GDP grew at a 2.3 percent annual rate (final demand, which excludes […] The post Trump and the Economy appeared first on Angry Bear.
Read More »Homeowner Insurance Catastrophe Impact
[unable to retrieve full-text content]The Perfect Storm in Home Insurance | Econofact The Issue: The Los Angeles fires, perhaps the costliest weather-related event in U.S. history, started just a few months after Hurricane Helene which ranked among the top 10 costliest hurricanes to batter the United States. And while hurricanes and wildfires command the most attention, severe convective storms (those traditional hailstorms […] The post Homeowner Insurance Catastrophe...
Read More »January retail sales: once or so a year, it lays an egg. This was one time
[unable to retrieve full-text content] – by New Deal democrat It’s that time of month again for my favorite indicator for the consumption side of the economy: retail sales have been tracked for over 75 years. When they are lower YoY, that has historically been a good (not perfect) indicator that a recession is near. That’s because that same 75-year […] The post January retail sales: once or so a year, it lays an egg. This was one time appeared first on Angry Bear.
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