Brick-and-mortar retail lost 127K FTE jobs over past two years (4Q16-4Q18). Ecommerce industries gained 319K FTE jobs over same period.
Households are paying workers to do their picking, packing, and driving, creating net job growth.
@ppi
Economists are worried declining fiscal stimulus in late 2019 and 2020 could lead to a recession. But state and local spending will offset some of that. https://t.co/i3lWXKjHfT via @NewkirkMargaret@jeffkearns
In 2018, @HUDgov found 35% of homeless people in the US were unsheltered, meaning they were living on the street, in abandoned buildings, or "in other places not suitable for human habitation," writes @emilym_moon. #PolarVortex2019 https://t.co/0eHlGaVR0R
The Fed is (rightly) the focus today, but attention will turn tomorrow to the January jobs report. See what the shutdown did to the U.S. labor market. @economics https://t.co/MtM4wYPozD
Companies added more workers than forecast to U.S. payrolls in January, signaling a healthy start to the year for the job market https://t.co/iKQdk9m0ht
U.S. consumer confidence still looks relatively high, but billionaire investor Jeffrey Gundlach says the underlying data suggest a recession is coming https://t.co/5OnLg8vd70 via @markets
@EconguyRosie Similarly, a strong January jobs report on Friday won't be cause for celebration from the point of view of U.S. productivity growth, which is still pretty lame
Only a few days left for Jan. 31 deadline @SABEW Best in Business awards. Send in your entries...to compete..and hopefully, WIN.
https://t.co/HN7WEWoqPy
Welcome aboard to newest Bankrate journalist @sarahffoster! Part of our terrific, growing team, Sarah will focus on the economy and the Federal Reserve. Importantly, she'll help translate how they affect our personal finances. Go @bankrate@RedVentures!
Was it a gangbusters holiday shopping season? Did American consumers spend solidly last month? Hard to tell without key data during shutdown ....and for what else is missing see Quicktake https://t.co/sIUNaUHqDy by @jeffkearns and me @economics
https://t.co/5a25gfAzpn
We're on the same page!!
We also agreed it was strong jobs report across-the-board . A contrast to recent bad news that's more directly linked to the trade war with China & headwinds for factories
What a great way for US labor market to end 2018: 312K US jobs added, a blowout! Wages match fastest pace since 2009! People getting drawn into job market to look for work--participation up! Proves Fed was right to raise rates!
Important when thinking about the political and income divide in our country. Like many developed countries, the divide has grown unlike the period after WWII when the middle class was broadly on the ascent.
Fed path beyond December is unclear. Inflation risks are weighted to the downside -- inflation expectations are cooling, used-car costs seen slowing, energy continues to weigh on headline price gauges
A key measure of U.S. inflation picked up as expected in November, reinforcing expectations of a Fed interest rate hike next week https://t.co/bHUJIEVvKb
@Anade_Situma@AJStream@g20org Hi Anade. Apologies for missing you. Let's chat this week about doing something in the future? I'm at [email protected] or +12025588626 and cover the US economy mainly