Tag Archives: US EConomics

[unable to retrieve full-text content]– by New Deal democrat [I was busy doing my civic duty the past few days. I’ll have something to say about the election at some point later, but not now.] Yesterday the ISM services report came in very strong for the second month in a row, with the headline at 56.0 and the more […] The post The economically weighted ISM average indicates economy expanding nicely, but likely in latter stage of the cycle appeared first on Angry Bear.

[unable to retrieve full-text content]Monthly Construction Spending, September 2024, Census Bureau Construction spending estimates are comprised of estimates based on mail-out/mail-back and interview surveys of selected construction projects and building owners, and estimates developed or compiled from other Census Bureau, federal agency, and private data sources. Total ConstructionConstruction spending during September 2024 was estimated at a seasonally adjusted annual […] The post...

[unable to retrieve full-text content] – by New Deal democrat As usual, I’ll take a quick look at this morning’s headline GDP numbers for Q3 before passing on to my more important focus on the release’s leading components.  Real GDP grew at a 2.8% annualized rate in Q3. Just like Q2, this is a perfectly good number in line with the […] The post Real GDP for Q3 nicely positive, but long leading components mediocre to negative for the second...

[unable to retrieve full-text content]Republicans have long objected to the ACA, and Trump tried several times to have it overturned; he’s claimed he’ll replace it with something better, but in eight years, he’s never come up with even a rudiment of a proposal. And here’s Speaker Johnson at a campaign stop yesterday: “No Obamacare?” an attendee asked Johnson, referring […] The post Healthcare and the 2024 presidential election appeared first on Angry...

[unable to retrieve full-text content] – by New Deal democrat The JOLTS survey parses the jobs market on a monthly basis more thoroughly than the headline employment numbers in the jobs report. For several years, my mantra for a lot of statistics has been “deceleration.” Well, in the case of the employment market, we have passed the point where deceleration […] The post JOLTS report for September shows continued deceleration in almost all metrics, now close to a...

[unable to retrieve full-text content]– by New Deal democrat This morning’s repeat house price indexes from the FHFA and Case Shiller continued to show deceleration in this metric which is very important to home buyers. Specifically, on a seasonally adjusted basis, in the three month average through August, U.S. house prices according to both indexes rose 0.3%. This is a slight […] The post Repeat home sales accelerate slightly monthly, but continue to show YoY...

[unable to retrieve full-text content]My wife and I are recently retired. We moved to New England to be close to our grandson and his parents. We’re living independently in a three-bedroom detached house. My parents were able to live independently into their early 80s, when my dad began to dement. My mom was much smaller than him, and wasn’t […] The post The business of aging appeared first on Angry Bear.

[unable to retrieve full-text content]A bit of a rewrite of an article. The Social Security scandal Trump doesn’t want you to know about by James Downie MSNBC Something else Donald Trump doesn’t want you to know about and how it will impact you. This type of plan always comes out later and then everyone says; “well if I had […] The post Trump’s Proposals Could Bankrupt a Vital and Popular Program Within Six Years appeared first on Angry Bear.

[unable to retrieve full-text content]by Bill McBride Calculated Risk News Letter Economist Adam Ozimek and John Lettieri (CEO, Economic Innovation Group) have a new proposal to address the housing crisis in the United States:  How the next president can solve America’s housing crisis U.S. housing costs are out of control. The median home for sale was rarely more than four times […] The post A Proposal to Address the Housing Crisis appeared first on Angry Bear.

[unable to retrieve full-text content]I chose this particular period to present as it depicts the impact of pandemic. It also shows the results of President Biden’s economic stimulus targeting manufacturing. And yes, you can also see the impact of the FED on the economy and their actions to normalize growth. It is a simple read. Yes, there is some […] The post Second Quarter 2024, U.S Manufacturing Report appeared first on Angry Bear.