Economy
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Reported Civilian Employment Jumps 2.4 Million (1.5%)
I.e., Beware the footnotes. New population controls results in updated 2024 employment figures (but 2023 not updated). Much of the…
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Costing Trump Tax Priorities
From CRFB, $5-$11.2 trn over 10 years: Baseline debt-to-GDP by 2035 is 113%; low estimate 132%, high estimate 149%. …
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Correlation or Causation? | Econbrowser
We know that correlation does not necessarily mean causation. But sometimes you gotta wonder, especially as Mr. Trump’s administration is…
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Egg Prices Upward | Econbrowser
Covered for difference prices as reported by TradingEconomics is jumping up to $7/dozen for January. Figure 1: PPI for eggs…
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“Trump does not rule out sending US troops to Gaza”
MilitaryNews just now: Trump is not ruling out sending U.S. troops to secure Gaza, saying in response to a reporter’s…
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Soybeans, Again | Econbrowser
You might well wonder why China didn’t retaliate against US soybean exports in the wake of Trump’s 10% tax on…
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Fourth (maybe Third) Largest Tax Increase Ever – China 2025 Tariffs
No tariffs yet on Canada, Mexico (and EU for that matter). Still, 10% on $427 bn imports (on top of…
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Still, the Largest Tax Increase Ever!!!
No tariffs yet on Canada, Mexico (and EU for that matter). Still, 10% on $1.55 trn imports (on top of…
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Uncertainty – Economic and Trade Policy, Day by Day
Through 2/2/2025 (for EPU): Figure 1: Trade Policy Uncertainty (blue, left scale), 7 day centered moving average (redb, left scale),…
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Bringing Down Grocery Prices, Trump Style
CPI food at home is 8% of total CPI weights, fresh vegetables and fruit are 1.1%. Assume half of fresh…
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