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Latest Issues

The Last Tranche of Big Data Before the Mids

The first look at real GDP for Q3 reveals a stronger-than-expected, 3.4% growth rate. Trend GDP these days is a bit north of 2%, so this is a strong quarterly growth rate. “Core” GDP, which takes out some of the more volatile components gre...

3 days ago
61
16

Affordability and the Midterms

Here’s Trump economic adviser Kevin Hassett on the news yesterday, as in eight days out from the midterms, claiming “The affordability crisis is a myth.”

It’s not mythical at all, as I and others have explained in great detail. Ben Casselm...

5 days ago
83
25

Three Shorties: Oil Prices, Political Ads Carve Out New Lows, Furman’s Econvitals Machine

If oil flows are normalizing, why are oil prices rising?

First, rising they are:

However, flows are not quite “normalizing,” at least in the sense that, as best we can tell, transit through the Strait of Hormuz is still contested, expensi...

7 days ago
101
15

Econo-cops...and Robbers

There’s an interesting and even consequential argument percolating on which I’d like to weigh in. It’s far from new, but it’s heating up at a moment wherein which way it bounces could make a difference in economic policy that does or doesn’...

8 days ago
73
20

Housing Market Update: It Ain’t Pretty

I’ve been remiss in not revisiting conditions in the US housing market.

Not totally remiss, as I’ve often commented, in the affordability context, on the sharp increase in the 30-yr fixed-rate mortgage, shown below. That’s a consequential...

11 days ago
104
20

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  • Jared Bernstein

    Former Biden CEA Chair

  • Ron Bloom

    Has held senior positions in business, labor and the Federal Government.

  • Ryan Cummings

    Ryan Cummings is Chief of Staff for the Stanford Institute for Economic Policy Research (SIEPR). From 2021-2023, he was an economist at the White House Council of Economic Advisers.

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