at Calculated Risk on 12/20/2024 07:11:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I’m currently using 4 weeks ago for “now”, since…
Consumption and personal income ex-transfers growth accelerate. Figure 1: Nonfarm Payroll (NFP) employment from CES (blue), implied NFP from preliminary benchmark (bold blue), civilian employment (orange), industrial production (red), personal…
That’s Heritage Foundation economist EJ Antoni yesterday. Dr. Antoni continues: Increasingly, people are realizing that the 2% target is long gone. We’re looking at 3% basically as the implicit target.…
Or, “who needs a stinkin’ independent central bank, non-Trump edition.” Could this article explain why at 1:30 AM CST as I awaited data on the Russian Central Bank’s interest rate…
at Calculated Risk on 12/20/2024 02:45:00 PM From WardsAuto: December US Light-Vehicle Sales Brighten Lackluster Year; Unusually High Drain on Inventory (pay content). Letter excerpt: Improved affordability is the main…
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers.…
at Calculated Risk on 12/20/2024 12:04:00 PM At the end of each year, I post Ten Economic Questions for the following year (2024). I followed up with a brief post…
at Calculated Risk on 12/20/2024 08:30:00 AM The BEA released the Personal Income and Outlays report for November: Personal income increased $71.1 billion (0.3 percent at a monthly rate) in…
at Calculated Risk on 12/20/2024 10:52:00 AM From Goldman: Following this morning’s data, we left our Q4 GDP tracking estimate unchanged at 2.4% (quarter-over-quarter annualized) and our Q4 domestic final…
at Calculated Risk on 12/20/2024 09:09:00 AM Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report this morning, both…
