Continued inflation and worries about their economic future have more consumers eating at home, a worrying trend for the larger economy but a nice boost for the grocery business.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Oct 14 2025
DOGE’S COST-CUTTING CAMPAIGN RESULTS
Elon Musk and the computer bro’s in his Department of Government Efficiency (DOGE) came into the government last January with a promise to cut federal spending by $2 trillion—almost a third of the entire federal budget.
HOMEOWNERS RUSH TO REFINANCE AS MORTGAGE RATE TICKS DOWN
A decline of 0.3 of a percentage point brought the national average mortgage interest rate to 6.26 percent over the three weeks ending 17 September, the lowest rate since last November, according to the Mortgage Bankers Association (MBA).
THE NUMBER OF LATE-PAYING CAR LOANS CONTINUES TO RISE
As wage increases lag inflation and unemployment ticks up, low-income households are having a harder time keeping up with their car payments.
CONSUMERS OUTLOOK REMAINS DARK
Households’ negative view of the U.S. economy and its future remains grim, according to the initial October result of the University of Michigan’s monthly survey of consumer sentiment.
WARNINGS MOUNT REGARDING A STOCK MARKET BUBBLE
The International Monetary Fund and Bank of England have joined Morgan Stanley and JPMorgan boss James Dimon in raising alarms about the growing possibility of a stock market bubble that could be close to bursting.
U.S. JOB MARKET CONTINUES TO WEAKEN
Because of the federal government's shutdown, the Bureau of Labor Statistics (BLS) is unable to publish its initial U.S. jobs report for September.
ECONOMIC UPDATE – MARKET OVERVIEW
Some two years ago, back in September 2023 we had forecast that gold had bottomed out when it was selling at $1,850 per ounce. Then, on 2 January 2024, we had forecast that it would be a Golden Year for Gold, and it was. Gold went up nearly 30 percent last year and now it is up around 55 percent this year.







