Tag Archives: US EConomics

Medicaid’s Coverage Role in Small Towns and Rural Areas – Center For Children and Families (georgetown.edu) First time, I have done an interactive chart. I have to figure out how to enlarge the chart. I will figure it out in time. Enjoy for now and maybe you can find where you live on the small map. If you go to Georgetown Center for Children and Families site, you will get a better map perspective. As the title says this is for Metro, towns,...

Asymptosis » Actually, Only Banks Print Money, Steve Roth I’m thinking this headline will raise some eyebrows in the MMT community. But it’s not really so radical. It’s just using the word money very carefully, as defined here. Starting with the big picture:  You can compare the magnitude of these asset-creation mechanisms here. (Hint: cap gains rule.) The key concept: “money” here just means a particular type of financial instrument,...

I guess this is the latest installment in my soft landing series. However, it might also be a warning of terrible trouble in the fairly near future (next 5 years). It is certainly proof (if more were needed) that I am clueless. The topic is the US housing market. This is highly related to the (possible) soft landing as one important surprise is that residential construction has held up in spite of high mortgage interest rates. The question for...

December jobs report: consistent with a “soft landing,” despite discordance in household data  – by New Deal democrat My focus remains on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether deceleration is ongoing; and more specifically:  Whether there is further deceleration in jobs gains compared with the last 6-month average Whether the unemployment rate is neutral or decreasing; or...

Initial claims: the return of “almost nobody is getting laid off”  – by New Deal democrat We’re back to the virtuous scenario where almost nobody is getting laid off. Initial jobless claims for the last week of December declined -18,000 to 202,000, the lowest since October. More importantly, the 4-week average declined -4,750 to 207,750, the lowest since last January. With the usual one-week delay, continuing claims declined -31,000 to 1.855...

This is Part 1 of 2 of an article by Andy Kiersz of Business Insider. Rather than smash it altogether, I thought splitting it into two likely parts would improve the presentation on Angry Bear. Gen Z, Millennials Should Stop Complaining About Baby Boomers, Economy, business insider, Andy Kiersz Nostalgia might be one of the most powerful and enduring human emotions. Civilizations have always looked to a golden age in the past when times were...

ISM manufacturing index remains in contraction, and the trend in vehicle sales may have turned down as well by New Deal democrat The ISM manufacturing index, where any value below 50 indicates contraction, once again came in negative for both the total index, at 47.4, and the more leading new orders subindex, at 47.1. Both have been indicating contraction for more than a year: Which begs the question. Because, despite a nearly flawless 75...

Dollar eases as Fed minutes offer few clues on rate cuts timeline, MSN, Markets Today Tags: monetary policy

New Year, same old labor market deceleration  – by New Deal democrat This morning’s JOLTS report for November continued the same trend of labor market deceleration that we have seen since the blazing hot boom of 2021. Job openings declined -62,000 to 8.790 million, the lowest level since March 2021. Actual hires fell sharply, by -363,000 to 5.465 million, the lowest since the pandemic lockdown month of April 2020. Quits declined by -157,000...

Introduction: Nice piece on how Americans are so tied to their gasoline powered cars, pickup trucks, etc. and the impact on cities and environment. What is key to this article and the author’s thought is this statement: “The obvious solution … lies only in a radical revision of our conception of what a city street is for.”  Where I live, the smaller city is 30 minutes away at 65 MPH (if they are doing such). If you drive faster, maybe you...