April 19, 2021 Maybe there will be a faster recovery now that many people are being vaccinated, but that improvement hasn't yet shown up in the economic data. The report that the economy added 900,00 [...]
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So far carolyn has created 15 blog entries.
March 22, 2021 Although the US economy does a little bit better every month, it's still well below the pre-pandemic level. Most importantly, 10 million people who lost their job still haven't found a [...]
February 11, 2021 The latest job figures suggest very strongly that a real economic recovery won't take place this year. The recovery of jobs we've seen since last April has hit a limit because most [...]
January 15, 2021The latest job figures and health bulletins give us a bit more insight into the dynamics of the pandemic. The slow improvement of the job situation has come to a halt as covid infectio [...]
December 14, 2020 Way back in April, when the coronavirus hit and many states shut down, the number of jobs in the economy dropped 13 percent - 20 million people. As the months went by that number re [...]
November 13, 2020 It looks like the economy is getting better but the recession will still be with us well into 2021. The good news that covid vaccines may be highly effective means that we can see a [...]
October 12, 2020 In April, the number of jobs in the economy sank an unheard of 13 percent compared to last year. By July the loss was 'only' 7.7 percent and the possibility of a further quick recove [...]
September 10, 2020 New data from the second quarter of 2020 show that the average home price was up 4 percent in the past year, the lowest increase since 2013. Prices were already slowing before the [...]
August 18, 2020 As we get more actual data about the economy it's possible to see where real estate markets may be headed. It now looks to me that we're in a holding pattern that can easily persist f [...]
July 21, 2020 The slowing of consumer spending (which accounts for 70 percent of the economy) is usually a leading indicator for a recession. For this recession there was no lead time at all; spendin [...]