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Tag Archives: US EConomics

Industrial and manufacturing production continue to falter

Industrial and manufacturing production continue to falter  – by New Deal democrat I frequently call industrial production the King of Coincident Indicators, because so often the turning point in this metric has been at the peaks and troughs of the economy as a whole. That has not been the case since last September, when this indicator last peaked. And it continued its declining trend in June. Total production declined -0.5%, and...

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Industrial and manufacturing production continue to falter

Industrial and manufacturing production continue to falter  – by New Deal democrat I frequently call industrial production the King of Coincident Indicators, because so often the turning point in this metric has been at the peaks and troughs of the economy as a whole. That has not been the case since last September, when this indicator last peaked. And it continued its declining trend in June. Total production declined -0.5%, and...

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June retail sales continue to falter, with the important exception of motor vehicles

June retail sales continue to falter, with the important exception of motor vehicles  – by New Deal democrat As usual, retail sales is one of my favorite indicators, because it tells us so much about the 70% of the US economy that is consumption, as well as being a short leading indicator for employment. It has been faltering for the past year, and June was no different. Last month retail sales increased 0.2% nominally, but because consumer...

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June retail sales continue to falter, with the important exception of motor vehicles

June retail sales continue to falter, with the important exception of motor vehicles  – by New Deal democrat As usual, retail sales is one of my favorite indicators, because it tells us so much about the 70% of the US economy that is consumption, as well as being a short leading indicator for employment. It has been faltering for the past year, and June was no different. Last month retail sales increased 0.2% nominally, but because consumer...

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New Deal democrats Weekly Indicators for July 10 – 14

Weekly Indicators for July 10 – 14 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Several indicators that had been stubbornly positive throughout the decline in leading metrics as of this past week finally turned either neutral or negative. Much as the dominant punditry at the moment is that the economy will actually stick a “soft landing,” these turns argue that instead consumers may finally be...

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New Deal democrats Weekly Indicators for July 10 – 14

Weekly Indicators for July 10 – 14 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. Several indicators that had been stubbornly positive throughout the decline in leading metrics as of this past week finally turned either neutral or negative. Much as the dominant punditry at the moment is that the economy will actually stick a “soft landing,” these turns argue that instead consumers may finally be...

Read More »

Biden Administration Taking Action To Limit Junk Healthcare Insurance

About half of this is original and the other half is a rewrite. Just explaining things more than the author. What President Joe Biden is doing is repealing trumps Short Term Healthcare Coverage which today is less than 365 days. This was extended from prior 3-month coverage (maximum 4 months) when Congress failed to repeal the PPACA or ACA. President trump by executive order lengthened the 3-month coverage to one day shy of one year. By having...

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Biden Administration Taking Action To Limit Junk Healthcare Insurance

About half of this is original and the other half is a rewrite. Just explaining things more than the author. What President Joe Biden is doing is repealing trumps Short Term Healthcare Coverage which today is less than 365 days. This was extended from prior 3-month coverage (maximum 4 months) when Congress failed to repeal the PPACA or ACA. President trump by executive order lengthened the 3-month coverage to one day shy of one year. By having...

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America’s Clean Energy Transition Needs Federal Action—Not Rollbacks

What the Roosevelt Institute and GreenBiz are pointing out is the delay in bring Energy, more clean energy online to satisfy the nation’s requirements, reduce pollution, and avoid severe climate change. Both are putting pressure on the government to move these projects along. They are calling for a mobilization of resources to implement the projects and reduce the amount of project As GreenBiz points out the implementation time has grown from 2 years...

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America’s Clean Energy Transition Needs Federal Action—Not Rollbacks

What the Roosevelt Institute and GreenBiz are pointing out is the delay in bring Energy, more clean energy online to satisfy the nation’s requirements, reduce pollution, and avoid severe climate change. Both are putting pressure on the government to move these projects along. They are calling for a mobilization of resources to implement the projects and reduce the amount of project As GreenBiz points out the implementation time has grown from 2 years...

Read More »