If you have been keeping up with New Deal democrat’s reports on the economy. He is not yet quite sold on the US slipping into recession. The Establishment Survey numbers are still positive. Numbers He believes and the numbers support his beliefs we are in a slight expansion mode. NDd also believe it is time […]
It is a common trope that university faculty don’t understand or live in “the real world.” This always tickled me. The unemployment rate for college grads has always been lower than for those without a degree, I guess university faculty do know a thing or two about the real world, since they can train students […]
Weekly Indicators for August 5 – 9 at Seeking Alpha – by New Deal democrat My “Weekly Indicators” post is up, a day later than usual, at Seeking Alpha. While there was some excitement at the racetrack Monday as stocks just missed making a new 3 month low by a hair, the more exciting news by […]
In my lifetime, I’ve seen plenty of changes. The business model for recorded music (LPs, 8-tracks, cassettes, CDs, streaming), the business model for movies (theaters, Blockbuster, online), the business model for cameras (film SLRs, digital SLRs, mirrorless), the model for lecture presentations (live with chalkboard, live with overhead projector, live with Powerpoint, online recorded) all […]
I grew up in East Tennessee in the 1960s. Fish was something that came in breaded rectangles out of the freezer. Growing up Roman Catholic, it’s what was for dinner on Friday. I never cared for fish back then. We honeymooned in Charleston SC (“where the Ashley and Cooper rivers meet to form the Atlantic […]
– by New Deal democrat The final data point from last week that I wanted to catch up on was construction spending, and especially residential construction and spending. As reported last week, in June total nominal spending declined -0.3% in June, but is higher 6.2% YoY. The more leading residential sector also showed a -0.4% […]
American colleges and universities are the envy of the world. The American higher education system is an important driver of the economy. There are those who sneer at the educated. They only expose their insecurity. In JD Vance, Donald Trump has chosen a running mate who has publicly stated that he sees colleges and universities […]
– by New Deal democrat Officially reported initial jobless claims declined -17,000 to 233,000 last week. The four-week moving average rose 750 to 240,750. With the typical one-week delay, continuing claims rose 6,000 to 1.875 million, the highest number since November 17, 2021: On the more important YoY basis, initial claims were down -9.7%, while […]
Boeing . . . Door Plugs Will be Harder to Lose Still explaining why . . . After a door plug blew out on a Boeing 737 Max 9 this January, the National Transportation Safety Board sprung into action trying to get to the bottom of what happened and why. That inquiry is continuing this week with a […]
FTC to Launch Inquiry into Higher Grocery Prices by Lucille Barilla @ Retail Wire FTC Chair Lina M. Khan highlighted the FTC’s recent work to stop corporate lawbreaking that raises prices for Americans, including uncovering evidence of corporate conduct that may raise the price of gas, grocery prices, working to lower the cost of many asthma […]