…increase in consumer spending reflected increases in both goods and services. Within goods, the leading contributors were other nondurable goods (led by prescription drugs) and motor vehicles and parts. Within…

…Imports, which are a subtraction in the calculation of GDP, increased. The increase in consumer spending reflected increases in both goods and services. Within goods, the leading contributors were other…

…7,000 goods producing jobs have been added, or only a .03% increase. In the past 8 months, only 39,000 goods producing jobs have been added, an increase of .18%. That…

…the consumer. With the general weakening of the economy, I have been looking to see if in particular real spending on goods would sputter. Signs were mixed in February. Let’s…

…halved that figure. The calculation was even distilled into a formula. For example, take the figures for China: Goods trade deficit: $291.9bn Total goods imports: $438.9bn Those figures divided = 0.67,…

…jobs declined -11,000. Residential construction jobs, which are even more leading, rose 2,400, continuing the trend of stabilizing since last April. Goods producing jobs as a whole declined -25,000.. Temporary…

…We Fund Universal Public Goods? Blame the Tax-Dodging Billionaire Nepo Babies, Common Dreams, Julia Conley The children of the richest families in the U.S. are well-known for spending their vast…

…war. While overall manufacturers new orders rose 0.8% (blue), the real surprise was in core capital goods orders, which importantly excludes the defense sector (red), which rose a sharp 3.3%…

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label…