The U.S.-Born labor force will shrink over the next decade: Achieving historically ‘normal’ GDP growth rates will be impossible, unless immigration flows are sustained Economic Policy Institute Reduction of net immigration flows would lead to much slower labor force and GDP growth If we assume that any changes in population levels do not change labor […]
– by New Deal democrat I concluded my post yesterday with the conclusion that “while housing and trucking are plainly recessionary, the broader manufacturing orders outlook and consumer purchases of vehicles are not.” Today I want to expand on that by taking a broader look at the main coincident measures of expansion vs. recession, and focus […]
According to Word Press, this is a 30-minute read. I believe it will take you longer to read if you are going to absorb anything from this review. It is well written. I am going to leave the explanation of each section to Zetland. I am sure Economist David Zetland spent more than 30 minutes […]
– by New Deal democrat The typical post-jobs report lull in the data is amplified this month (of course) by the fact that there was no jobs report this month! If there is a tiny silver lining beginning to appear, it is that the Administration is making noises about reinstating the health care subsidies that has […]
Like many other places I have been in Europe? The cities of Switzerland also have excellent public transport. This might work there and be a model of other cities which have similar ways to get around without cars. “Initiative launched” A broad civil society committee has submitted 4,500 signatures in favor of the traffic reform […]
I can not drop the f-bomb here as it would not be looked at kindly by most. It is no surprise to me, New Deal democrat doing additional work to present on his site and at Angry Bear. We are and I am very fortunate to have New Deal democrat presenting his data at Angy […]
Two point six billion dollars flowed into the 2024 election mainly focusing on the election of D. Tr_mp. I also believe there was a dislike for the candidate who replaced Joe Biden as the Democrat presidential candidate. A second time a well-qualified person (a woman) failed to be elected. I jabve heard all the arguments […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. All of the high frequency data that I gather in those posts comes from the Fed or its regional banks, the States, or private firms. That means it is almost completely unaffected by the federal government shutdown, and can be continually updated for […]
High Income is still going gang busters. Lower Income is giving up the ground they gained early on. “The Two-Speed Economy Is Back as Low-Income Americans Give Up Gains” There was always two labor economies in the U.S. Right now, what favored Low Income Earners has less an impact. Both high and low income earners […]
– by New Deal democrat As we all know by now, there is no US jobs report today due to the government shutdown. But there are a number of alternative measures which can give us a good estimate of what the jobs situation is. Let me start first with the unemployment rate. Here is an […]