…growth. Especially in view of last Friday’s jobs report, which showed blockbuster hiring, but a continuation of tepid wage growth over 8 years into the expansion, now is a good…

…of national product adds 0.1% point to the annual growth rate. To get from a growth rate of 2.5% up to 4.5% would thus require a 20% point jump in…

Real wage growth adjusted for gas prices One of the things I note from time to time in my discussions of wage growth is how much its fluctuation in real…

…GDP growth to annual health and climate costs. Climate costs exceeded growth in 13 of the 28 years from 1990 to 2017. Over the entire period those costs offset 95%…

Real average and aggregate wage growth for July 2019: yellow flag for aggregate wages Now that we have the July inflation reading, let’s take a look at real wages. First…

…Historically, month over month growth in jobs tends to peak near the middle of an expansion (averaged quarterly below): Hence, it’s a mid-cycle indicator. Here’s the quarterly and monthly growth…

National Health Expenditure Projections, 2022–31: Growth To Stabilize Once The COVID-19 Public Health Emergency Ends, Health Affairs, National health expenditures are projected to have grown 4.3 percent in 2022, slower…

…soon. ~~~~~~~~ Evidence of manager wage growth rising while typical workers’ wage growth slows . . . Elise Gould Economic Policy Institute Over the last few months, there’s been much…

…annually. In contrast, the out-of-pocket price rose by 5.8 percent annually. Growth in insurer prices and negotiated prices closely followed the growth in out-of-pocket prices until 2016, when both insurer and…

…growth. Nominal interest – nominal GDP growth equals (nominal interest rates – inflation) – (nominal GDP growth – inflation). Second the argument is based on the simpler present value formula….