Relevant and even prescient commentary on news, politics and the economy.

February and March construction spending show two leading sectors in decline; only AI spending holding up the economy

 – by New Deal democrat Tomorrow, Angy Bear will have New Deal democrat’s April jobs report up. I believe you will find it somewhat different than what others are posting. ~~~~ It has become increasingly likely that the Boom (or maybe Bubble) in spending on the construction and operation of AI data centers may be […]

Jobless claims, the most positive data of all, continues to augur for lower unemployment

 – by New Deal democrat The most positive metric in all of economic metric-dom continues to be very positive. Initial jobless claims rose 10,000 to 200,000 last week, still among the lowest readings over the entire past 50+ years. The four week moving average declined -4,250 to 203,250, also among the lowest in the past […]

Some Reads that Show-Up in My In-box from Time to Time

I believe you can access the Reads at these sites. I subscribe to them. They are rather informative and offer up various views. I sometimes use them at Angry Bear. Just something different than my boring you with various writings, my interpretation, etc. “Signs of Stability, Signs of Strain,” Claudia Sahm: April’s Jobs Day is […]

Do management consultants save non-profit hospitals money?

A typical administrative response to financial difficulty in large organizations is to hire consultants. The theory is that the expertise of consultants will uncover efficiencies that will (a) relieve the difficulties and (b) repay the investment in the consultants. So how’s that working out for American nonprofit hospitals, many of which struggling and threatened with […]

The positive, noisy monthly March new home sales report masks underlying trend weakness

– by New Deal democrat New home sales, which were finally updated yesterday for March (and so still are about three weeks behind their regular schedule now 6 months after the end of the government shutdown!) are perhaps the most leading of all indicators for housing, itself a long leading indicator. In fact, they are […]

So, Where are those Cuts to SNAP, Medicaid, and the ACA Subsidies Going?

The old cut taxes for the wealthy and we will have a better economy which will benefit those in the lower income brackets. The recently passed bill passed by Trump and Republicans creates a deficit in which case many in Congress will be looking for ways to alleviate such. Cuts in programs is one way […]

March JOLTS report: reverting to 2025 averages

– by New Deal democrat The JOLTS report is low on my list of useful tools, but it does break down the labor market further than the jobs report, and it does have several slightly leading components, so let’s at least take a brief look at this series, which *finally* was updated to its normal […]

This is Why Congress Should Enjoy the Same Bennies as Labor

Secretary Rollins was trying to convince Americans they could survive on $3 a meal, which included “a piece of chicken, a piece of broccoli [and] a corn tortilla.” AB: I do not know about you, that would be a tough go for me. Think about a McDonald’s burger and fries for $3? Such meals are […]

Vitamin K and newborns

I recently retired as a professor in the Edward A. Doisy Department of Biochemistry and Molecular Biology at Saint Louis University School of Medicine. Who was Edward A. Doisy? He was the only Nobel Laureate from Saint Louis University. He shared the 1943 prize in Physiology or Medicine for identifying the two forms of vitamin […]