Econ Blog

your daily dose of economic commentary

State of the Macroeconomy: GDP, Key Indicators as of 7/31

1781. State of the Macroeconomy: GDP, Key Indicators as of 7/31

Menzie Chinn analyzes GDP growth and key economic indicators, emphasizing the importance of private domestic purchases and discussing trends in economic activity as of July 2023.

Refocusing US Health Care Spending

1782. Refocusing US Health Care Spending

The discussion highlights the disparity between high US health care spending and poor health outcomes, suggesting reforms to reduce costs and improve care efficiency.

Which is easier to interpret: canonical TWFE or 2x2 diff in diff?

1783. Which is easier to interpret: canonical TWFE or 2x2 diff in diff?

An argument that interpreting traditional TWFE coefficients is more complex than understanding 2x2 difference-in-differences due to underlying calculations and assumptions.

Eminent Domain and the Problem of Government

1784. Eminent Domain and the Problem of Government

Jon Murphy discusses the complexities of eminent domain, highlighting its potential benefits and pitfalls in different contexts of public works projects.

High Noon is recalling some vodka seltzers mislabeled as Celsius energy drinks

1785. High Noon is recalling some vodka seltzers mislabeled as Celsius energy drinks

Rachel Treisman discusses a recall of High Noon hard seltzers due to mislabeling as Celsius energy drinks in several states.

The Media Can’t Handle the Absence of Truth

1786. The Media Can’t Handle the Absence of Truth

Paul Krugman discusses the media's failure to accurately report on Trump's economic policies and the broader implications of misinformation in politics.

PCE Measure of Shelter Unchanged at 4.1% YoY in June

1787. PCE Measure of Shelter Unchanged at 4.1% YoY in June

Bill McBride discusses the unchanged year-over-year shelter measure in the PCE report and its implications for inflation and housing trends.

Personal Income Increased 0.3% in June; Spending Increased 0.3%

1788. Personal Income Increased 0.3% in June; Spending Increased 0.3%

Bill McBride discusses the increase in personal income and spending in June, along with related inflation data from the U.S. Bureau of Economic Analysis.

What Trump's threat to tariff Russia's trade partners means for India

1789. What Trump's threat to tariff Russia's trade partners means for India

Omkar Khandekar discusses India's response to President Trump's threats regarding tariffs on Russian trade partners and its implications for the economy.

The Fed holds interest rates steady. And, Texas releases bid for new redistricting map

1790. The Fed holds interest rates steady. And, Texas releases bid for new redistricting map

Brittney Melton discusses the Federal Reserve's decision to maintain interest rates and Texas Republicans' proposal for a new redistricting map.

Not enough money for retirement? NPR wants to hear from you

1791. Not enough money for retirement? NPR wants to hear from you

Arezou Rezvani discusses NPR's interest in hearing from adults over 50 who struggle with retirement savings and financial security.

Why the Fed could lose $1.5 trillion

1792. Why the Fed could lose $1.5 trillion

An argument that the Federal Reserve faces a significant financial loss due to pandemic-related quantitative easing measures.

A Design Argument to not use TWFE with Differential Timing Diff-in-Diff

1793. A Design Argument to not use TWFE with Differential Timing Diff-in-Diff

Scott Cunningham argues against using two-way fixed effects models in differential timing diff-in-diff due to design flaws in causal inference.

Little Progress in Reducing US Carbon Emissions

1794. Little Progress in Reducing US Carbon Emissions

Timothy Taylor discusses the insufficient progress in reducing US carbon emissions despite ambitious governmental goals and highlights the limited impact of these efforts globally.

President Trump's Vision of U.S. Shipbuilding Requires Rebuilding An Industry

1795. President Trump's Vision of U.S. Shipbuilding Requires Rebuilding An Industry

An argument that revitalizing U.S. shipbuilding is essential for job creation and countering foreign competition, necessitating infrastructure and workforce development.

Economy back to growing

1796. Economy back to growing

Recent GDP growth indicates a positive economic trend, though concerns remain about inventory management and potential inflation from tariffs.

Las Vegas in June: Visitor Traffic Down 11.3% YoY; Convention Traffic Down 10.7% YoY

1797. Las Vegas in June: Visitor Traffic Down 11.3% YoY; Convention Traffic Down 10.7% YoY

Visitor traffic in Las Vegas declined significantly in June 2025, influenced by economic uncertainty and a decrease in convention attendance, with notable drops in hotel occupancy and revenue.

Automakers are eating the cost of tariffs — for now

1798. Automakers are eating the cost of tariffs — for now

Camila Domonoske discusses how automakers are currently absorbing tariff costs rather than passing them on to consumers, but this may change in the future.

We Must Stop Saying “Must”

1799. We Must Stop Saying “Must”

Scott Sumner critiques the use of the term "must" in economic discourse, arguing it obscures human choice and misrepresents market dynamics.

Design Your Own Rug!

1800. Design Your Own Rug!

A personal account of designing a custom rug that combines traditional Afghan art with scientific motifs, emphasizing quality, affordability, and supporting local weavers.