Beacon Economics

No Nonsense Economics

Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.

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Californians Moving Out Is Not The State’s Most Worrisome Trend

May 24, 2023/

Californians Moving Out Is Not The State’s Most Worrisome Trend Exploring the overlooked trend of Californians staying put and its implications. Economic Policy, Real Estate May 24, 2023 Author: Benjamin Noon Benjamin Noon All Articles Over the past few years, it would have been difficult to miss news coverage reporting that people are leaving California for states like Texas and Florida....

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July 27, 2018

A GDP Reality Check Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. blog, Economic Policy July 27, 2018 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles The 4.1% growth rate in U.S. Gross Domestic Product in the 2nd quarter (announced today) was not a surprise to anyone looking at the monthly numbers. In fact, it came in a bit below the consensus prediction...

July 17, 2018

‘ We Have Nothing To Fear But the Fear of Inflation Itself Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. blog, Economic Policy July 17, 2018 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles ‘Inflation expectation disorder’ seems to have become a full pandemic lately. News story after news story is discussing accelerating price growth not as a possible new trend, but as...

June 12, 2018

This era of regular and ongoing political “whoppers” coming out of Washington DC, seems to have ushered in an increased willingness outside the beltway to declare pretty much anything, regardless of having evidence to support said claim, or even worse, saying it in the face of contrary evidence. Deeply misleading comments about the economy can be particularly dangerous in my view. In the fashion world, the adage that...

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