Updating some high frequency metrics for economic activity
…he resumption of collections on student loan payments has had a big effect not just on those loans, but also on auto loans and credit card balances: All of the…
…he resumption of collections on student loan payments has had a big effect not just on those loans, but also on auto loans and credit card balances: All of the…
…When the Fed reduces its key short-term rate, it often — though not always — leads to lower costs for consumer and business borrowing, including for mortgages, auto loans, and…
…not in the labor force but who want a job increased to the highest level in almost 4 years. Additionally, most leading sectors declined, including total and auto manufacturing, trucking,…
…too low to constrain any inflationary burst; higher inflation expectations would start pushing up market-based interest rates like those for mortgages and auto loans. Lenders in credit markets know that…
Traditionally, tariffs have been used to protect domestic industry, particularly agriculture and labor-intensive manufacturing. Trump has argued that his tariffs will return manufacturing to the United States and further that…
…before Trump began his trade war. This is clearest in the case of automobiles and automotive products. Trump has imposed a 25 percent tariff on all automotive imports, supposedly on…
…product. “There’s an old adage in the auto industry that if you want to move a product you have to “show the car.” Tesla is clearly following its own version…
…not the only big-name American manufacturer to be harmed by the Trump tariffs, as all three of the country’s major auto manufacturers in recent months have announced they expect to…
…battery factory being built by the Korean auto company Hyundai. The events didn’t take place in Mexico; they took place in America, specifically in Georgia. The arrested employees were South…
…has incentives to produce less than competitive firms would have produced in the same industry, just as with legal economic activity. In this case, that means producing less crime. When…