This is not government debt, this is simply Central Bank balance sheet per capita (for every person in that country), and the numbers are staggering …
Continue reading “How much are Central Bank balance sheets per capita (or per person in a country)?”
U.S. gross domestic product (GDP) contracted 5% in Quarter 1 (Q1) 2020 (vs Q4 2019) but grew 2.1% (vs Q1 2019) on back of economic activity being hit due to the spread of COVID-19. On a long-term average, the numbers aren’t really that bad but Q2 2020 will be far worse …
Continue reading “U.S. Q1 2020 GDP contracts 5% (QoQ) but grows 2.1% (YoY) as COVID-19 hits economic activity”
U.S. real gross domestic product (GDP) increased at an annual rate of 2.1% in Q3 2019, according to the third estimate released by the Bureau of Economic Analysis. Revised GDP growth for Q2 2019 was 2%.
Continue reading “U.S. Q3 2019 GDP growth estimated at 2.1% as personal consumption soars; Total Public Debt as Percent of GDP at highest ever level”
Real gross domestic product (GDP) for the United States increased at an annual rate of 2.1% in the Q2 2019 (vs 3.1% in Q1 2019), according to the advance estimate released by the Bureau of Economic Analysis.
Continue reading “U.S. Q2 2019 GDP growth estimated at 2.1% as personal consumption soars”
The Federal Reserve has unwound its balance sheet by 12% over the past year and reduced it to $3.81 trillion (from a peak of $4.5 trillion in 2017).
It has also increased interest rates since from 0.25% (range of 0% to 0.25%) in 2016 to 2.5% (range of 2.25% to 2.5%) now.
Continue reading “The Federal Reserve has done the right thing by reducing its balance sheet and increasing interest rates to support a thriving economy, why reverse this now?”
Money supply is simply the total amount of money in circulation in a country. For the U.S. there are several components of the money supply: M1, M2, and MZM (M3 is no longer tracked by the Federal Reserve); these components are arranged on a spectrum of narrowest to broadest.
Continue reading “Money supply growth for the U.S. has slowed and it isn’t a good sign”
Strong or weak economy? We look at
- The personal saving rate
- Consumer loan growth rate
- Growth rate of disposable personal income per capita
- Growth rate of personal consumption expenditures per capita
Continue reading “Four consumer indicators of the current state of the U.S. economy”
So, longer-term U.S. government bonds are now yielding lower than short-term bonds. Is this really a big economic warning?
Continue reading “Is the U.S. yield curve inversion an economic warning?”
Different measures tell another story:
- Real disposable personal income per capita
- Personal income payments
- Total employee compensation
- Personal consumption expenditures per capita
Continue reading “Four slightly different economic indicators for the U.S. economy”