Tag Archives: US EConomics

Lawler: Early Read on Existing Home Sales in August, Calculated Risk From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.88 million in August, down 1.8% from July’s preliminary pace...

Lawler: Early Read on Existing Home Sales in August, Calculated Risk From housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.88 million in August, down 1.8% from July’s preliminary pace...

And now, some good news: industrial and manufacturing production rebounded strongly in August  – by New Deal democrat In the past, industrial production has been the King of Coincident Indicators, since its peaks and troughs tended to coincide almost exactly with the onset and endings of recessions. That weighting has faded somewhat since the accession of China to the world trading system in 1999 an the wholesale flight of US manufacturing to...

And now, some good news: industrial and manufacturing production rebounded strongly in August  – by New Deal democrat In the past, industrial production has been the King of Coincident Indicators, since its peaks and troughs tended to coincide almost exactly with the onset and endings of recessions. That weighting has faded somewhat since the accession of China to the world trading system in 1999 an the wholesale flight of US manufacturing to...

Robert’s proposal as to what should be in presidential candidate Kamal Harris’s future goals for the nation and its citizens. They are good targets. The issue being whether she can convince a Congress these are worthy to pursue regardless of politics. The key to what should be (and hopefully will be) Kamalanomics by Robert Reich Harris’s family-centered policies sold as $6,000 for newborns, a tax credit that will help people with children...

Robert’s proposal as to what should be in presidential candidate Kamal Harris’s future goals for the nation and its citizens. They are good targets. The issue being whether she can convince a Congress these are worthy to pursue regardless of politics. The key to what should be (and hopefully will be) Kamalanomics by Robert Reich Harris’s family-centered policies sold as $6,000 for newborns, a tax credit that will help people with children...

by Rafael Nam NPR The American dollar has been soaring this year relative to most currencies in the world. That’s providing a lot of benefits to Americans — but it’s also creating a lot of pain. The strong dollar brings a number of advantages. It reinforces America’s economic dominance and it helps reduce inflation by making imports cheaper. But a rising dollar doesn’t lift all boats. Some exporters have been hit as the stronger domestic...

I just heard an advertisement for Kamala Harris in which she said she would raise taxes on the rich and cut taxes for the middle class. I was pleased. I note the empirical fact that, in years when the income tax is constitutional yet the top marginal tax rate is below 69%, nonincumbent Democrats are elected president if and only if they promise to raise taxes on high incomes and cut taxes for the middle class. I usually do not make predictions (I...

by Bill McBride Calculated Risk Newsletter Intro: Former Angry Bear writer Bill McBribe taking up the issues of Mortgage Delinquency, Foreclosures, and Real Estate Owned (REO) foreclosed housing. The value of which decreased in the second quarter to (what Bill calls) a historically low total. Read on. We will NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key...

Usually, listeria contamination comes from poor cleanup after a “lot-size” of a product is complete. It thrives in a moist, colder environment. Lunch meat, hot dog, sausage etc, manufacturing environment can be prone to having listeria contamination. After a lot or a shift is complete, the machines and the rooms have to be cleaned. The machines disassembled, tables, and equipment are steamed. The walls, floor, and corners are wiped down with a bleach...