Econ Blog

your daily dose of economic commentary

Updated Business Cycle Indicators, Including Employment

561. Updated Business Cycle Indicators, Including Employment

Menzie Chinn analyzes employment data revisions and their implications for nonfarm payroll estimates and economic indicators.

What if you love Silver Bulletin... but hate sports?

562. What if you love Silver Bulletin... but hate sports?

The post discusses the balance between sports and politics in a newsletter, addressing subscriber preferences and introducing a new sectioning feature for tailored content delivery.

Hotels: Occupancy Rate Decreased 4.1% Year-over-year

563. Hotels: Occupancy Rate Decreased 4.1% Year-over-year

Bill McBride discusses the decline in U.S. hotel occupancy rates due to reduced international tourism and seasonal trends affecting domestic travel.

Recalled baby formula linked to a botulism outbreak may still be in some stores

564. Recalled baby formula linked to a botulism outbreak may still be in some stores

A botulism outbreak affecting infants is connected to ByHeart baby formula, which may still be available in some stores despite the recall.

Confidently Wrong

565. Confidently Wrong

An argument that challenging scientific consensus requires expertise, highlighting the correlation between overconfidence and opposition to established knowledge in various fields.

The Vibecession Deepens

566. The Vibecession Deepens

Paul Krugman discusses the persistent negative economic sentiment under Trump, despite traditional partisan biases, and how misinformation may be affecting public perceptions.

Separating Some Terms

567. Separating Some Terms

Kevin Corcoran discusses the complexity of economic systems, proposing four distinct axes to evaluate them rather than a single left/right spectrum.

NAR: Existing-Home Sales Increased to 4.10 million SAAR in October

568. NAR: Existing-Home Sales Increased to 4.10 million SAAR in October

The post discusses a 1.2% increase in existing-home sales in October, highlighting changes in inventory and median sales prices based on NAR data.

The future of war is the future of society

569. The future of war is the future of society

Noah Smith discusses the transformative impact of military technology, particularly the rise of autonomous drones, on society and warfare dynamics.

September Employment Report: 119 thousand Jobs, 4.4% Unemployment Rate

570. September Employment Report: 119 thousand Jobs, 4.4% Unemployment Rate

Bill McBride discusses the September employment report, highlighting job growth, unemployment rates, and revisions to previous employment data.

American democracy is very much alive, though not in all regards well

571. American democracy is very much alive, though not in all regards well

An argument that American democracy persists despite challenges, emphasizing misconceptions about its fragility and the emotional biases influencing perceptions of political outcomes.

Overdue jobs report shows employers added 119,000 jobs in September

572. Overdue jobs report shows employers added 119,000 jobs in September

The Labor Department's delayed September jobs report may provide insights into the current state of the U.S. job market despite its outdated nature.

College 'sticker prices' have risen dramatically. Here's why

573. College 'sticker prices' have risen dramatically. Here's why

Rising college tuition costs outpace financial aid, prompting an exploration of the underlying reasons for this trend.

Business Cycle Indicators and Nowcasts

574. Business Cycle Indicators and Nowcasts

The post analyzes key economic indicators and nowcasts related to employment and GDP, highlighting discrepancies between employment growth and output growth forecasts.

Trump administration seeks to roll back protections for imperiled species and habitat

575. Trump administration seeks to roll back protections for imperiled species and habitat

Proposed changes to Endangered Species Act regulations aim to reduce protections for endangered species and their habitats, reversing previous administration's efforts.

AIA: "Billings continue to decline at architecture firms" in October

576. AIA: "Billings continue to decline at architecture firms" in October

Bill McBride discusses the decline in billings at architecture firms and its implications for commercial real estate investment in October 2025.

577. FOMC Minutes: "Likely be appropriate to keep the target range unchanged for the rest of the year."

Bill McBride discusses the Federal Open Market Committee's considerations regarding monetary policy and the potential for keeping the target range unchanged for the year.

Reminder: Crypto Is a Trump Trade

578. Reminder: Crypto Is a Trump Trade

The post discusses the connection between the political decline of Trump and the crashing crypto market, suggesting that the industry's reliance on political support is faltering.

Trade Deficit Decreased to $59.6 Billion in August

579. Trade Deficit Decreased to $59.6 Billion in August

The post discusses the decrease in the U.S. trade deficit for August, highlighting changes in exports and imports, including specific figures and trends over the year.

MBA: Mortgage Applications Decrease in Latest Weekly Survey

580. MBA: Mortgage Applications Decrease in Latest Weekly Survey

Mortgage applications fell 5.2% in the latest survey, attributed to rising mortgage rates, with refinance activity decreasing and purchase applications showing slight year-over-year improvement.