Economic Insights

News and Insight from SRM

 

This Week’s Economic Update, November 22, 2021

Ah Thanksgiving.  Over the years we have been provided so much to be thankful for.  As a kid, when Thanksgiving came I was overjoyed about being thankful for four days away from school.  In college, I was really, really thankful for returning home for a wonderful, home cooked meal.  Those superficial appreciations aside, we are

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This Week’s Economic Update, November 15, 2021

This past month a house sold in Boston, MA for $315,000.  The house was listed at $450,000.  Why the discount and the low price in a hot market?  Well, the square footage of this structure is 250 all in.  It is on a lot size of .06 acres.  A couple of years ago tiny homes

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This Week’s Economic Update, November 8, 2021

You likely noticed that last week’s update did not include my normal introduction.  That was because I was struggling with becoming a breakthrough Covid case.  I started feeling symptoms on October 27.  By the time I wrote the update my edges were pretty much rubbed off.  I felt I had the worst head cold ever

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This Week’s Economic Update November 1, 2021

The third quarter ended with a whimper.  The initial GDP numbers show growth for the quarter at 2%.  This was well off the early part of the quarter when the economy was moving forward nicely.  During the third quarter the primary portions of the stimulus programs ended.  The enhanced unemployment benefits were phasing out and

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This Week’s Economic Update, October 25, 2021

Happy Halloween.  With all the scary stuff going on from supply chain issues, Covid, inflation, to the Red Sox getting knocked out of the playoffs, it is hard to consider Halloween being a frightening event this year. The third quarter does not appear to be ending well. September, month over month, industrial production fell 1.3%

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This Week’s Economic Update, October 18, 2021

Ahh mid-October.  Time to take a quick break and hit an apple orchard or pumpkin patch.  There is nothing more fun than a hay ride this year to either pick apples or find the right pumpkin.  Seasonal family traditions are important and an apple orchard could be one of the big four.  It is a

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This Week’s Economic Update, October 11, 2021

Baseball playoff fever is here, for those sports fans that are fortunate enough to have a team that is still alive.  The Yankees and Cardinals were sent packing this week with their players added to the unemployment rolls.  For those of us in the center of the country, we are down to the Brewers, White

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