Tag Archives: US EConomics

[unable to retrieve full-text content]Monthly Full Report on Manufacturers’ Shipments, Inventories, & Orders – Press Release, Census.Gov, November 4, 2025. Briefly – New orders for manufactured goods in September, down four of the last five months, decreased $2.8 billion or 0.5 percent to $584.2 billion, the U.S. Census Bureau reported today. This followed a 0.8 percent August decrease. – […] The post Manufacturers’ Shipments, Inventories, & Orders...

[unable to retrieve full-text content]Manufacturing and Trade Inventories and Sales: September 2024, Census.Gov Friday, November 15, 2024 Sales The combined value of distributive trade sales and manufacturers’ shipments for September is adjusted for seasonal and trading day differences but not for price changes. It was estimated at $1,881.2 billion, up 0.3 percent (±0.2 percent) from August 2024 and was […] The post Manufacturing and Trade Inventories and Sales: September...

[unable to retrieve full-text content]I believe it is more than just GM sticking it to Labor. Increasing food prices. Each major automotive company laid off thousands. Some examples of sticking to the population. Eggs in particular saw an increase. Packaging was made smaller. Some examples: – Fritos Scoops: “Party Size” bags used to be 18 ounces, but are now 15.5 […] The post The Reason Dems Lost this Election? Layoffs and Prices. appeared first on Angry Bear.

[unable to retrieve full-text content]Trumps 2017 Tax Break Extension chart and explanation . . . Sources: CBO (for most provisions), *JCT( R&E provision), **CRFB (Interest provision) New estimates from the Congressional Budget Office (CBO) put a price tag of nearly $5 trillion on extending all the Trump-GOP tax law, which is mostly scheduled to expire at the end of 2025. That is more […] The post Extending Trumps 2017 Tax Cuts appeared first on Angry Bear.

[unable to retrieve full-text content]I am going to write a series of posts on Kahneman, Twersky, and their many many followers They will be posted on the principle that something is better than nothing. “Citation needed” would often appear on Wikipedia as I will cite as “I vaguely recall reading somewhere.” Also the reverse chronologicical order will create problems […] The post Some Thoughts on Psychology of Heuristics and Biases appeared first on Angry Bear.

[unable to retrieve full-text content]Dean Baker: “Story telling attracts attention and sells newspapers.” I was reading at another site which was making the argument of Medicare Advantage plans being less costly than Traditional Medicare. It cites a truism that Medicare Advantage offers Part D and Supplemental in its package while Traditional Medicare does not. That is true. However, Medicare […] The post Being atypical is “not representative of a type, group, or...

[unable to retrieve full-text content]An interesting phenomenon occurred from 2020 – 2023. Hourly wage labor experienced increasing wages during the pandemic. A recent NBER report by David Autor, Arindrajit Dube, and Annie McGrew susply the data creating a foundation for the Labor v Salary words. To display I provided an additional graph besides the one shown by The Bulwark’s […] The post Hourly Wage Labor Benefited more, 2020 to 2023 than Salaried appeared first on Angry...

[unable to retrieve full-text content]Trump has promised to deport >10 million undocumented people living in the US. He justifies this by saying they are dangerous criminals. In fact, immigrants commit crimes at a *lower* rate than US citizens. He has announced his intention to deploy US troops in US streets to capture and detain people who are claimed to […] The post Undocumented labor: solutions, not scapegoating appeared first on Angry Bear.

[unable to retrieve full-text content] – by New Deal democrat Yesterday’s report on existing home sales indicated, at least for one month, a pause or even reversal in the previous trend of abating price increases and increased inventory. While existing home sales are  not nearly so important to the economy as new home sales, to the extent that home buyers […] The post October existing home sales: a pause, or possibly reversal, in the rebalancing trend appeared...

[unable to retrieve full-text content]Musk is on the Nation’s Dole. There is much he has done with the help of government funding. Now he wishes to bring efficiency to government. The largest items he wishes to attack on his list includes veterans’ healthcare, childcare, college grants, NASA, and housing assistance. That is going big with veterans especially when Trump […] The post The Nation’s Dole for the Wealthy appeared first on Angry Bear.