The security of the U.S. government’s data on jobs, consumer spending, crime, education, demographic trends, and other fields is at growing risk, according to a new study by the American Statistical Association.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – July 16 2024
VENTURE FUNDS RETURN TO DIGITAL HEALTHCARE COMPANIES
During the COVID War, venture investments funneled billions into telemedicine and other digital health services, giving the sector $29.2 billion in 2021 alone, investor Rock Health reported.
PRODUCER PRICES RISE IN JUNE
Last month, the prices businesses charge for the products they make or the food they grow rose 0.2 percent from May and 2.6 percent year on year, the Bureau of Labor Statistics reported.
MORE HOUSEHOLDS NOW STRUGGLING
Old news to Trends Journal subscribers, but now it’s finally making the mainstream media... U.S. consumers are being squeezed harder between high interest rates, heavy debts, and depleted savings…
INFLATION SLOWS AGAIN IN JUNE
In June, the U.S. Consumer Price Index (CPI) fell to 3 percent, compared to 3.3 percent in May, the labor department reported.
206,000 WORKERS ADDED IN JUNE FOR LOUSY JOBS
The U.S. economy made another 206,000 jobs last month. The figure was more than economists had forecast in a Dow Jones poll but below May’s revised number of 218,000.
SPECULATORS BAIL OUT OF JUNK BONDS AS BUSINESS FAILURES INCREASE
Bond buyers are trading out of the riskiest of junk bonds in favor of higher-rated securities as a rise in U.S. bankruptcies has raised concerns over the survival of highly-leveraged businesses during a prolonged period of high interest rates.
ECONOMIC UPDATE – MARKET OVERVIEW
It’s all in the numbers. The global economy is going down and as per our trend forecast, interest rates in the U.S. and EU will also be going down. Indeed, yesterday, Fed Head Jerome Powell said the Fed would lower interest rates even if inflation did not hit the made-up 2 percent target rate that the former Fed Head Ben Bernanke invented in 2012.
U.S. BUSINESSES FAILING AT FASTEST RATE SINCE GREAT RECESSION
Each week in The Trends Journal we report on businesses going out of business. And we had forecast that by the numbers, a bad situation would become much worse. Confirming