The Big Picture

JANUARY 20, 2025

Whether it was shoddy data analysis or a deliberate attempt to misinform, I found it offensive and brought the receipts as to the fundamental errors in the economic analysis. On cue, conservative heads exploded en masse, just as they did a decade ago when Seattle raised its minimum wage.

Food 306

Food Economics 306

Calculated Risk

MARCH 15, 2025

This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). This will include the Federal Open Market Committee (FOMC) participants' projections of the appropriate target federal funds rate along with updated economic projections. The consensus is for a 0.7% increase in retail sales. down from 5.7.

Retail 191

Retail Manufacturing Sales Food 191

The Big Picture

JANUARY 20, 2025

Whether it was shoddy data analysis or a deliberate attempt to misinform, I found it offensive and brought the receipts as to the fundamental errors in the economic analysis. On cue, conservative heads exploded en masse, just as they did a decade ago when Seattle raised its minimum wage.

Food 245

Food Economics 245

Mish Talk

DECEMBER 13, 2022

The food index increased 0.5 percent over the month with the food at home index also rising 0.5 The index for all items less food and energy rose 0.2 Percent Core CPI (CPI Less Food and Energy): 6.0 Percent CPI Food and Beverage: 10.3 The energy index decreased 1.6 percent in November, after rising 0.3

Food 195

Food Medical Communication Education 195

Calculated Risk

DECEMBER 26, 2022

At the end of each year, I post Ten Economic Questions for the following year (2022). percent year-over-year and the November PCE price index, excluding food and energy, increased 4.7 I followed up with a brief post on each question. Here is review (we don't have all data yet, but enough). percent year-over-year. in February 2020)?

Economics 285

Economics Sales Banking Economy 285

Calculated Risk

OCTOBER 28, 2022

percent) in September , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.5 The PCE price index, excluding food and energy, increased 5.1 The BEA released the Personal Income and Outlays report for June: Personal income increased $78.9 billion (0.4

Food 363

Food Economics 363

Calculated Risk

JANUARY 31, 2025

Bureau of Economic Analysis. The PCE price index, excluding food and energy, increased 2.8 The BEA released the Personal Income and Outlays report for December: Personal income increased $92.0 billion (0.4 percent at a monthly rate) in December , according to estimates released today by the U.S. billion (0.4 billion (0.7

Food 162

Food Economics 162

Calculated Risk

AUGUST 26, 2022

percent) in July , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.1 The PCE price index, excluding food and energy, increased 4.6 The BEA released the Personal Income and Outlays report for July: Personal income increased $47.0 billion (0.2

Food 357

Food Economics 357

Calculated Risk

DECEMBER 23, 2022

percent) in November , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.2 The PCE price index, excluding food and energy, increased 4.7 The BEA released the Personal Income and Outlays report for November: Personal income increased $80.1

Food 362

Food Economics 362

Mish Talk

DECEMBER 9, 2022

Prices for final demand less foods, energy, and trade services moved up 0.3 The index for final demand less foods, energy, and trade services increased 4.9 percent increase in prices for final demand foods was a major factor in the November advance. The index for final demand goods less foods and energy moved up 0.3

Food 187

Food Transportation Retail Advertising 187

Calculated Risk

MAY 26, 2023

percent at a monthly rate) in April , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.4 The PCE price index, excluding food and energy, increased 4.7 billion (0.4 Disposable personal income (DPI) increased $79.4 billion (0.4 billion (0.8

Food 358

Food Economics 358

Calculated Risk

APRIL 26, 2024

percent at a monthly rate) in March , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.3 The PCE price index, excluding food and energy, increased 2.8 billion (0.5 billion (0.5 percent) and personal consumption expenditures (PCE) increased $160.9

Food 324

Food Taxes Economics 324

Calculated Risk

JULY 29, 2022

percent) in June, according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.6 The PCE price index, excluding food and energy, increased 4.8 The BEA released the Personal Income and Outlays report for June: Personal income increased $133.5 billion (0.6

Food 342

Food Economics 342

Calculated Risk

JANUARY 27, 2023

percent) in December , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.3 The PCE price index, excluding food and energy, increased 4.4 The BEA released the Personal Income and Outlays report for December: Personal income increased $49.5

Food 354

Food Economics 354

Abnormal Returns

DECEMBER 1, 2024

econbrowser.com) The economic schedule for the coming week. seths.blog) The ten best books about food from 2024 including "Frostbite: How Refrigeration Changed Our Food, Our Planet and Ourselves" by Nicola Twilley. (sherwood.news) Economy Real wages are still rising. theatlantic.com)

Math 173

Math Budgeting Food Taxes 173

Calculated Risk

OCTOBER 1, 2022

percent) in August , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.6 The PCE price index, excluding food and energy, increased 4.9 billion (0.3 Disposable personal income (DPI) increased $67.6 billion (0.4 billion (0.4 Real DPI increased 0.1

Food 333

Food Economics 333

The Big Picture

JUNE 13, 2024

His headline is classic: The fast-food industry claims the California minimum wage law is costing jobs. And second, always recall what Joan Robinson taught us so long ago: “The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.”

Food 305

Food Numbers Economics Portfolio 305

Calculated Risk

FEBRUARY 8, 2025

Fed Chair Powell presents the Semiannual Monetary Policy Report to the Congress on Tuesday and Wednesday. -- Monday, February 10th -- No major economic releases scheduled. -- Tuesday, February 11th -- 6:00 AM: NFIB Small Business Optimism Index for January. The consensus is for a 0.2% increase in PPI, and a 0.3% increase in core PPI.

Retail 162

Retail Sales Financial Services Food 162

Calculated Risk

APRIL 28, 2023

percent) in March , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.3 The PCE price index, excluding food and energy, increased 4.6 The BEA released the Personal Income and Outlays report for March: Personal income increased $67.9 billion (0.3

Food 320

Food Economics 320

The Big Picture

OCTOBER 7, 2024

@TBPInvictus here: If you’re not aware of the brouhaha that was stirred about a year or so ago when CA Gov Gavin Newsom signed into law (taking effect April 1, 2024) a new $20 minimum wage for so-called “limited service” (a/k/a fast food or QSR) restaurant workers, read up here , here , or here.

Food 290

Food Media Numbers Economics 290

Calculated Risk

SEPTEMBER 29, 2023

percent at a monthly rate) in August , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.1 The PCE price index, excluding food and energy, increased 3.9 billion (0.4 billion (0.2 percent) and personal consumption expenditures (PCE) increased $83.6

Food 321

Food Taxes Economics 321

Calculated Risk

MAY 10, 2023

This is a topic I discussed in Pandemic Economics, Housing and Monetary Policy: Part 2. Commodities less food and energy commodities were up 2.1% The second graph shows that goods prices started to increase year-over-year (YoY) in 2020 and accelerated in 2021 due to both strong demand and supply chain disruptions. YoY in March.

Food 363

Food Economics 363

Calculated Risk

OCTOBER 30, 2024

Bureau of Economic Analysis. Within services, the leading contributors were health care (led by outpatient services) as well as food services and accommodations. From the BEA: Gross Domestic Product, Third Quarter 2024 (Advance Estimate) Real gross domestic product (GDP) increased at an annual rate of 2.8

Government 162

Government Food Economics Investments 162

Calculated Risk

JULY 26, 2024

Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.2 The PCE price index, excluding food and energy, increased 2.6 The BEA released the Personal Income and Outlays report for June: Personal income increased $50.4 billion (0.2 billion (0.2 billion (0.3 The PCE price index increased 0.1

Food 265

Food Taxes Economics 265

Abnormal Returns

JANUARY 24, 2025

fastcompany.com) Coke products are coming back to the Costco ($COST) food court. calculatedriskblog.com) Earlier on Abnormal Returns Podcast links: basic economics. (wsj.com) More crypto ETFs are likely coming to market. sherwood.news) Costco Costcos ($COST) shareholders rejected a proposal to reverse its DEI practices.

Food 147

Food Taxes Media Economy 147

Calculated Risk

MARCH 29, 2024

percent at a monthly rate) in February , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.3 The PCE price index, excluding food and energy, increased 2.8 From the BEA: Personal Income and Outlays for February: Personal income increased $66.5

Food 295

Food Taxes Economics 295

Calculated Risk

FEBRUARY 29, 2024

percent at a monthly rate) in January , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.4 The PCE price index, excluding food and energy, increased 2.8 billion (1.0 billion (0.3 percent) and personal consumption expenditures (PCE) increased $43.9

Food 283

Food Taxes Economics 283

Calculated Risk

JANUARY 26, 2024

percent at a monthly rate) in December , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index increased 0.2 The PCE price index, excluding food and energy, increased 2.9 billion (0.3 billion (0.3 billion (0.7 The PCE price index increased 0.2

Food 282

Food Taxes Economics 282

The Big Picture

MAY 4, 2023

The least contentious of which is that modest increases in minimum wages increase economic activity and create jobs. Perhaps even more surprising has been the wholesale abandonment of specific industries: Food service, retail, etc., During that time, consuming lots of academic research, I reached a few logically supported conclusions.

Food 364

Food Economy Retail Retirement 364

Calculated Risk

JUNE 13, 2023

This is a topic I discussed in Pandemic Economics, Housing and Monetary Policy: Part 2. Commodities less food and energy commodities were up 2.0% The second graph shows that goods prices started to increase year-over-year (YoY) in 2020 and accelerated in 2021 due to both strong demand and supply chain disruptions. YoY in April.

Food 356

Food Economics 356

Abnormal Returns

JULY 16, 2024

calculatedriskblog.com) Food inflation is now low and stable. econbrowser.com) Chinese economic sentiment has not rebounded from the pandemic. (housingwire.com) Evictions are on the rise in a lot of localities. wsj.com) Economy National homebuilder confidence is soft.

Financial Advising 278

Financial Advising Food Media Economy 278

The Big Picture

DECEMBER 11, 2024

Hey, you might have people who love food, who are good cooks. And just start eating real foods with very few ingredients. and staying away from ultra processed foods and staying away from foods that have a lot of added sugar. And just start eating real foods with very few ingredients.

Food 147

Food Portfolio Management Marketing 147

Abnormal Returns

JANUARY 14, 2024

gothamgal.com) 15 states have rejected a new, federally funded summer program to give food assistance to hungry children. washingtonpost.com) Measuring economic inequality is harder than it looks. papers.ssrn.com) The economic schedule for the coming week. calculatedriskblog.com) Inflation is trending lower.

Financial Advising 289

Financial Advising Engineering Food Economics 289

Calculated Risk

DECEMBER 20, 2023

At the end of each year, I post Ten Economic Questions for the following year (2023). percent year-over-year and the October PCE price index, excluding food and energy, increased 3.5 I followed up with a brief post on each question. Here is review (we don't have all data yet, but enough). percent year-over-year.

Economics 189

Economics Sales Economy Food 189

Calculated Risk

MARCH 31, 2023

percent) in February , according to estimates released today by the Bureau of Economic Analysis. Excluding food and energy, the PCE price index also increased 0.3 The PCE price index, excluding food and energy, increased 4.6 The BEA released the Personal Income and Outlays report for February: Personal income increased $72.9

Food 261

Food Economics 261

Abnormal Returns

APRIL 28, 2024

sherwood.news) Economy Americans are making more grocery store stops in order to combat food inflation. calculatedrisk.substack.com) The economic schedule for the coming week. (axios.com) The U.S. fertility rate is at its lowest level since measurement started. wsj.com) Americans are not defaulting very much on their mortgages.

Financial Advising 277

Financial Advising Food Media Retirement 277

Mish Talk

DECEMBER 14, 2022

Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures. Russia’s war against Ukraine is causing tremendous human and economic hardship. The Committee is highly attentive to inflation risks. This post originated at MishTalk.Com.

Food 205

Food Economics Accounting Planning 205