Tag Archives: US EConomics

– by New Deal democrat Sometimes producer prices lead consumer prices; sometimes they don’t – but in the sense that sometimes there is no lag at all before increases show up in consumer prices. In any event, overall the message from the producer price index this morning was benign, with very little pressure “in the pipeline” for consumer inflation.To begin with, raw commodity prices (red) declined -1.2% in September, continuing their 2+ year...

The old model of a single doc running a practice is disappearing in America. Between the overhead and the reduced compensation, this model of health care delivery looks increasingly anachronistic.When I started as an assistant professor at a medical school in 1987, there was a lot of money sloshing around. Patients and their insurance companies would pay a premium to be seen by docs in an academic health care practice. Managed care put an end to that,...

One of several articles I picked up on over the last few days. and decided to post at Angry Bear. Younger people are having to overextend themselves financially to buy housing. Not so different than a few decades ago. Except they are more in debt and more apt to go bankrupt due to a lost job, etc. Income does not appear to be keeping up with the price of housing and loan interest rates. Or perhaps, mortgage increases have outstripped income? A...

by Claudia Sahm Stay at Home Macro Companies aren’t so worried that they’re letting a lot of people go, but they’re also not so confident that they’re hiring a lot of people. This post, an excerpt from my (Sahm) new Bloomberg Opinion piece, is very important to me. I worry most about the drop in the hiring rate now—not so much about it being recessionary but about the lost potential. Also, there’s some personal news at the end. The...

– by New Deal democrat Today’s CPI report for September came in almost exactly as I suggested it would in my preview yesterday. To wit:  – Headline CPI continued increased 0.2% for the month, and decelerated to 2.4% YoY, its best showing since February of 2021.   – On a 3 month annualized basis, prices are increasing 2.1%. On a 6 month annualized basis, they are only increasing 1.6%.   – energy inflation remains non-existent, with another...

by Bill McBride Calculated Risk Newsletter NOTE: The tables for active listings, new listings and closed sales all include a comparison to September 2019 for each local market (some 2019 data is not available). This is the first look at several early reporting local markets in September. I’m tracking over 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas. I’ll update these tables...

I very much agree with these findings. With Trump, the nation and labor would have floundered. WE are lucky he had the wherewithal to act quickly with the right stimulus to support job growth. Two months after Dean’s post the nation is still going strong. Christmas maybe good for many. U.S. Workers are Far Better Off Than Four Years Ago – Center for Economic and Policy This is not a tough one. First and foremost, workers are better off...

This is just a partial of a much longer commentary by Health Affairs on Employer healthcare insurance for single employees am employees with families. “Health Benefits In 2024: Higher Premiums Persist, Employer Strategies for GLP-1 Coverage and Family-Building Benefits,” Health Affairs. I have used two of the charts to emphasis what is occurring. The first chart will show the variance between single and family coverage 1999-1924. The second chart...

Real aggregate payrolls and inflation preview for September  – by New Deal democrat Tomorrow consumer prices for September will be reported. It’s almost certain that the best short term forecasting tool from the employment report, real aggregate payrolls, will increase once again. Let’s take a more detailed look. Post-pandemic, nominally aggregate payrolls have increased relentlessly. Consumer prices increased almost as relentlessly until...

Wason Oct 7 Survey 24 New Wason Poll: Harris Leads Trump by 11 points Among Virginia Likely Voters – Christopher Newport University (cnu.edu) NEWPORT NEWS, VA — The Wason Center for Civic Leadership at Christopher Newport University today released its first statewide survey for the elections on November 5th. The survey indicates, Democrat Kamala Harris holds an 11-point lead over Republican Donald Trump, with support at 52% to Trump’s 41%. In...