No Nonsense Economics
Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.
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The holidays have always been a time of higher-than-normal consumer spending. However, a drift downward in spending at this festive time of year has been occurring for years. This is likely a function of many things, the most important of which may be the decline in the number of children in the United States.
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What The Fed’s Rate Hike And The 1st Quarter Contraction Means… And Doesn’t Mean A Roller Coaster Economy: Analyzing the Aftermath of Stimulus and Rate Hikes on the U.S. Financial Landscape Budgets & Deficits, Consumers, Economic Policy, General Economy May 10, 2023 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Given the frenzied and contradictory economic news lately, I wouldn’t blame anyone for having a bad case of whiplash. It’s...

Why GDP Growth Should Slow… And Why It Won’t The Complexities Behind the US GDP Slowdown and the Factors Preventing its Decline. Budgets & Deficits, General Economy November 3, 2021 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles In the 3rd quarter, U.S. GDP grew by 2%, down from an almost 6% pace over the three preceding quarters. Weak growth in consumer spending, with a sharp drop in...
The Impact Of COVID-19 On Los Angeles’ Entertainment Industry The onset of the COVID-19 pandemic was a generational challenge to the global entertainment industry, one that led to the delay or cancellation of up to 60% of scripted titles and to an 80% drop-in box-office revenue. blog, General Economy May 3, 2021 Author: Patrick Adler Patrick Adler All Articles “This analysis was originally published as part of the LA2021 Future...