Tag Archives: US EConomics

Interview Request:  The NPR program, “This American Life,” is looking for people living outside the US to interview about their student loans.  They have done surprisingly strong journalism in the past.  If this is you, please send an email to: [email protected] If you are outside of the United States and have Student Loans, “This American Life” may want to talk to you. The program is looking for people who have left the United States due to the...

Our first new home purchase. I knew we were to have issues and would be working through them. It was new and something we had not had before. Arizona’s Registrar of Contractors says they are seeing an uptick in complaints against new home builders. Residents in Maricopa City is south of Phoenix where state highway 347 leads into the center of town. State Highway 347 is a coarse gravel highway with a speed limit of 65 except nobody obeys the limit...

Weekly Indicators for September 4 – 8 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. The tug of war between the headwind of high interest rates and the tailwind of low commodity and consumer inflation continues. As usual, clicking over and reading will bring you right up to the present on the data and bring me a smal $$$ reward for my efforts. New Deal democrats Weekly Indicators for August...

A question being asked by The Economist; Where do Americans mingle?, Vienna Virginia  Sit-down chain restaurants foster more cross-class mixing than any other institution. Sit-down chain restaurants, like Olive Garden, Chili’s, and Applebee’s are prime sites for many Americans. Restaurants bring Americans together more than any other private or public institution and eclipse bars, churches, petrol stations, libraries, parks and schools ....

Another story where culture clash and the company buying the business does not understand the process. How that would happen, I am not sure. However, this is a clash of cultures and a misunderstanding of the company’s capabilities. Anchor Brewing and Its Workers Anchor Brewing is on its last kegs, sorry its last legs. and just a few months ago. But its staff, unable to let go, started drafting a plan to rescue the beermaker-in-distress. Now,...

Despite 6+ month low in initial claims, yellow caution flag remains  – by New Deal democrat Last week the initial claims numbers justified restarting the yellow caution flag. This week initial jobless claims declined -13,000 to a 6+ month low of 216,000. The 4-week moving average declined -8,500 to 229,250. With a one-week lag, continuing claims declined 40,000 to 1.679 million: Since last year ago at this time also saw a steep decline, it...

In Arizona, much of its water is drawn from the Colorado River. As everyone knows, The Lake Colorado Eiver Reservoirs dropped ~150 feet since 1983. It gained water due to the recent hurricane and also a large snowfall this last year. It still has not returned to prior levels. Meanwhile, the state of Arizona continues to build more houses to accommodate people. Somewhere there is a balance here and only the Federal Government can set it. Just another...

Scenes from the August employment report – and a warning  – by New Deal democrat The weekly lull after last Friday’s employment report will end tomorrow. In the meantime, let’s take a deeper dive into a few important trends in that report. First, the unemployment rate rose 0.3% to 3.8% – which is totally not surprising at all. As I wrote last Thursday, initial jobless claims have a nearly flawless 60+ year record for forecasting the trend...

I am watching the evolution of the American automotive industry from combustion engine driven vehicles to electric driven vehicles. It is interesting to hear about all the potential blood to be spilled as management eventually whacks labor and plants to make the move from combustion to electric vehicles. It is inevitable as a new workforce must be trained and the old one phased out as the vroom-vroom is no longer manufactured. By no means should this...

Vehicle sales and residential and manufacturing plant construction continue to outweigh general manufacturing downturn  –  by New Deal democrat No important economic news today, but on Friday in addition to the employment report we did get our typical 1st of the month snapshot of manufacturing, vehicle sales, and construction, so let’s look at each. The ISM manufacturing index has had an excellent record going all the way back to the 1940s,...