Econintersect LLC

Next week we will see the final employment report before the November elections. Will the Bureau of Labor Statistics (BLS) have their fingers on the scales to make the Democratic party look good going...

Some time back, a reader commented on one of my posts stating: Just out of curiosity for whom have lower taxes created more wealth? Certainly not the middle class - you know, the people in the charts...

Every economic decision made has a good side and a bad side. Government deficit spending has both good sides and bad sides. Interest rate changes have good and bad sides also. Added to this dilemma is...

I started writing on the economy because I was horrified with the biased analysis being pumped out by pundits. Even today, most analysis I read is either a simple regurgitation of the government's...

The media spread US Census' good news: Median household income in the United States was $56,516 in 2015, an increase in real terms of 5.2 percent from the 2014 median of $53,718. This is the first...

A consumer economy describes an economy driven by consumer spending as a percent of its gross domestic product, as opposed to the other major components of GDP (gross private domestic investment,...

Some economists believe there are positive signs coming from the new home construction sector. Residential construction is still decelerating but this week a significant jump in new home sales...

The problem I have with employment data is that it cannot be validated with any precision in real time.Follow up: You would think in 2016 with internet connectivity there should be no issue assembling...

The main reason I do not like to write on economic theory is the same reason I do not write on religion or politics - the concepts are not provable and the background dynamics required for theory...

At Walmart (NYSE:WMT), the patrons seem to have better cars and smartphones than I own - and yet do not believe these patrons are as financially secure as I am. Is the spending pattern changing...

Headline second quarter advance GDP estimate is 1.2 %, up from last quarter's downward revised 0.8 %. Yet the year-over-year GDP growth declined from 1.6 % to 1.2 %. The real story is the backward...

The latest data release for US Treasury Tax Revenues shows the year-over-year growth rolling averages are now in negative territory. Is this a recession flag?Follow up: Tax revenues are a lagging...

I seem to be writing only negative commentary on the USA economy. This past week we published our July economic outlook, which remains around the zero growth mark largely thanks to slowing government...

This week Federal Reserve Chair Janet Yellen made her semi-annual pilgrimage to the US Congress to report on monetary policy and the state of the economy. The Chair said the economic outlook was...

The housing sector, both new and used homes, is well below peaks from before the Great Recession. Is this an effect of weak economic growth or simply reflecting demographic change?Follow up: Existing...

The media and financial talking heads continue to spout on the odds of a federal funds rate increase either in June, July or whenever. The poor employment report for May seems to have caused most...