Econ Blog

your daily dose of economic commentary

When should you fire your coach?

2501. When should you fire your coach?

Nate Silver discusses the complexities and rationale behind firing an NBA coach, using the Knicks' decision to dismiss Tom Thibodeau as a case study.

GDPNow Bounceback (Kind of)

2502. GDPNow Bounceback (Kind of)

An argument that the Atlanta Fed's GDPNow forecast indicates growth but does not restore GDP to previous trends, highlighting differences with Goldman Sachs' outlook and investment uncertainty.

More Hidden Costs of Tariffs

2503. More Hidden Costs of Tariffs

Jon Murphy discusses the hidden costs of tariffs, particularly how Foreign Trade Zones help American firms manage cash flow and mitigate the impact of unpredictable tariff policies.

Trump's tariffs could cut deficit by $2.8 trillion over next decade -- with caveats

2504. Trump's tariffs could cut deficit by $2.8 trillion over next decade -- with caveats

Scott Horsley discusses the Congressional Budget Office's projection that Trump's tariffs could significantly reduce the deficit, while also noting potential economic drawbacks.

2505. Fed's Beige Book: "Economic activity has declined slightly"

Economic activity has slightly declined, with mixed reports on consumer spending, labor markets, and price increases, amid elevated uncertainty affecting business decisions.

2506. Bernanke on Federal Reserve Communication

An argument that effective communication by the Federal Reserve enhances public understanding of economic policy and proposes improvements to its communication practices.

Partisan battle lines form over Trump's plan to defund NPR & PBS

2507. Partisan battle lines form over Trump's plan to defund NPR & PBS

An argument that Senate Democrats oppose proposed cuts to public broadcasting funding, while House Republicans plan to vote on significant funding reductions.

How a Lawsuit Against Realtors Went Sideways

2508. How a Lawsuit Against Realtors Went Sideways

Craig Richardson discusses the unintended consequences of a lawsuit against the National Association of Realtors, highlighting flaws in its approach to real estate commissions and market dynamics.

The labor market won't offer the same buffer this time

2509. The labor market won't offer the same buffer this time

The post discusses the weakening labor market's vulnerability to economic downturns, contrasting it with previous resilience during inflation and interest rate hikes.

Some federal workers lost health coverage they had paid for. A Democrat wants answers

2510. Some federal workers lost health coverage they had paid for. A Democrat wants answers

Federal employees faced unexpected loss of health coverage after being fired and reinstated, leading to significant medical bills for some.

Heavy Truck Sales Down 8% YoY in May

2511. Heavy Truck Sales Down 8% YoY in May

Bill McBride discusses the decline in heavy truck sales in May, highlighting historical trends and comparisons to previous years and economic conditions.

Is There a Tariff End Game?

2512. Is There a Tariff End Game?

An argument that recent tariff changes may not signal a resolution to trade tensions, as they could lead to increased costs and job losses in manufacturing.

2513. ISMĀ® Services Index decreased to 49.9% in May

Bill McBride discusses the decline of the ISM Services Index to 49.9% in May, indicating economic contraction in the services sector for the first time since June 2024.

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

2514. MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

Bill McBride discusses a decrease in mortgage applications according to the latest MBA survey, highlighting trends in refinancing and purchase activity.

Steel tariffs double. And, Congress asked to eliminate public broadcasting funds

2515. Steel tariffs double. And, Congress asked to eliminate public broadcasting funds

Brittney Melton discusses the doubling of steel tariffs and Trump's request to eliminate public broadcasting funding.

My days collecting Mexican art, part II

2516. My days collecting Mexican art, part II

The author recounts his experiences collecting Mexican art, focusing on the painters Juan and Marcial Camilo Ayala, and the cultural and personal connections formed through this journey.

With steel tariffs doubling today, a North Carolina manufacturer wonders how to compete

2517. With steel tariffs doubling today, a North Carolina manufacturer wonders how to compete

Scott Horsley discusses the impact of President Trump's steel tariffs on a North Carolina manufacturer and the challenges of competition they face.

Trump's crypto interests (Two Indicators)

2518. Trump's crypto interests (Two Indicators)

The post discusses Trump's involvement in cryptocurrency, focusing on the $TRUMP coin and its legal implications, as well as the mechanics of Stablecoins.

Does Poverty Cause Homelessness?

2519. Does Poverty Cause Homelessness?

Scott Sumner argues that poverty is not the primary cause of homelessness, citing data that shows Mississippi, the poorest state, has the lowest homelessness rate.

Light Vehicles Sales Decrease to 15.65 million SAAR in May

2520. Light Vehicles Sales Decrease to 15.65 million SAAR in May

Bill McBride discusses the decline in U.S. light vehicle sales in May, attributing it to inventory depletion and reduced consumer demand following a surge due to tariff concerns.