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AmerEcona
@amerecona.bsky.social
Connecting you to America's economy.
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Top earners lifted their share of consumption from 53% to 57% over 30 years, yet models show this shift adds little economic fragility as asset and labor shocks still produce only modest changes in aggregate spending.
Consumption concentration may be up, adding slightly to economic fragility
Analysts have taken notice of the large share of total U.S. spending attributable to the very highest earners. The concerns are that the emergence of K-shaped growth—bifurcated activity at an elevated rate among high earners and much more restrained among most others—may put the U.S. in greater economic peril.
www.dallasfed.org
November 26, 2025 at 6:42 PM
Atlanta Fed GDPNow Estimate for Q3 2025: +3.9%
GDPNow
GDPNow forecasting model provides a
www.atlantafed.org
November 26, 2025 at 6:24 PM
US extends tariff exclusions related to China tech transfer probe - Reuters
www.reuters.com/worl...
November 26, 2025 at 6:10 PM
Trump says he would 'rather not' extend Obamacare tax credits 'at all' - NBC News
Trump says he would 'rather not' extend Obamacare tax credits 'at all'
The president said he prefers to let the Affordable Care Act subsidies expire on schedule at the end of December, saying that if anything, he wants the money to go to "the people directly."
www.nbcnews.com
November 26, 2025 at 1:54 PM
Trump Says Xi ‘Pretty Much’ Agreed to Expand Agricultural Buys - Bloomberg
Trump Says Xi ‘Pretty Much’ Agreed to Expand Agricultural Buys
US President Donald Trump said he urged Chinese President Xi Jinping to increase the speed and size of agricultural purchases and said Beijing had “more or less agreed” to do so.
www.bloomberg.com
November 26, 2025 at 1:52 PM
Durable Goods Orders (September)
$314.0 Billion
MoM: +0.5%

Durable Goods Orders Ex Transportation (September)
$202.9 Billion
MoM: +0.6%

Durable Goods Orders Ex Defense (September)
$290.6 Billion
MoM: +0.1%
www.census.gov/manuf...
November 26, 2025 at 1:40 PM
Initial Jobless Claims
216,000 (-6,000 from previous week)

Continuing Jobless Claims
1,960,000 (+7,000 from previous week)
dol.gov/ui/data.pdf
November 26, 2025 at 1:32 PM
Pending Sales of US Existing Homes Rise by More Than Forecast - Bloomberg
Pending Sales of US Existing Homes Rise by More Than Forecast
Pending sales of previously owned US homes rose in October by more than forecast as buyers took advantage of a decline in mortgage rates.
www.bloomberg.com
November 25, 2025 at 6:56 PM
US retail sales growth slows in September; energy prices boost producer inflation - Reuters
US retail sales growth cools; consumer sentiment sags amid job market worries
U.S. retail sales increased less than expected in September, suggesting consumer fatigue amid higher prices because of tariffs, though the moderation did not dampen economists' expectations for solid economic growth in the third quarter.
www.reuters.com
November 25, 2025 at 6:28 PM
Consumer confidence hits lowest point since April as job worries grow - CNBC
Consumer confidence hits lowest point since April as job worries grow
The board's Consumer Confidence Index slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading in seven months.
www.cnbc.com
November 25, 2025 at 5:58 PM
Total Business Sales (August)
$1,950.9 Billion
MoM: +0.2% | YoY: +4.4%

Business Inventories (August)
$2,663.7 Billion
MoM: +0.0% | YoY: +1.1%

Inventories/Sales Ratio (August)
1.37
www.census.gov/mtis/...
November 25, 2025 at 4:03 PM
Retail Sales (September)
$733.3 Billion
MoM: +0.2% | YoY: +4.3%

Core Retail Sales (September)
$594.0 Billion
MoM: +0.3% | YoY: +4.1%
www.census.gov/retai...
November 25, 2025 at 1:32 PM
PPI (September)
MoM: +0.3% | YoY: +2.7%

Core PPI (September)
MoM: +0.1% | YoY: +2.6%
www.bls.gov/news.rel...
November 25, 2025 at 1:31 PM
Bessent says there’s a ‘very good chance’ Trump names new Fed chair before Christmas - CNBC
www.cnbc.com/2025/11...
November 25, 2025 at 1:22 PM
Japan faces steep losses on its $550 billion U.S. investment pledge as estimates show it losing $127 billion to $191 billion. U.S. gains $423 billion to $487 billion at no cost.
Analyzing Japan’s $550 Billion Pledge to Invest in the U.S.
Japan’s pledge to invest $550 billion in the U.S. may end up being costly for the Asian country when the deal’s present value and hypothetical investment returns are considered.
www.stlouisfed.org
November 25, 2025 at 12:26 AM
The Fed’s Tool for Calming Short-Term Funding Markets Is Being Tested - WSJ
The Fed’s Tool for Calming Short-Term Funding Markets Is Being Tested
Some banks have been concerned about the appearance of using the standing repo facility, despite the Fed’s assurances.
www.wsj.com
November 24, 2025 at 10:15 PM
Young college grads face slower job-finding as their exit rate drops to 37.1%, helping shrink the unemployment gap with high school peers to 2.5 points, the lowest since the late 1970s.
Are Young College Graduates Losing Their Edge in the Job Market?
High school graduates in their twenties have consistently experienced a higher unemployment rate than college graduates in the same age range. However, the unemployment gap between the two education groups has recently narrowed, reaching its lowest level since the late 1970s. This Economic Commentary shows that this narrowing coincides with a decades-long decline, one that began around 2000, in the job-finding rate among young college graduates.
www.clevelandfed.org
November 24, 2025 at 8:52 PM
Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market - WSJ
www.wsj.com/economy/...
November 24, 2025 at 8:12 PM
US BEA cancels advance third-quarter GDP estimate - Reuters
US BEA cancels advance third-quarter GDP estimate
The U.S. Bureau of Economic Analysis said on Monday it had canceled the release of the advance gross domestic product estimate for the third quarter because of the recently ended government shutdown.
www.reuters.com
November 24, 2025 at 7:56 PM
Deals on farmer aid, Chinese soy purchases coming within weeks, USDA chief says - Reuters
Deals on farmer aid, Chinese soy purchases coming within weeks, USDA chief says
The Trump administration expects to announce an aid package for U.S. farmers within two weeks and a deal on Chinese soybean purchases, U.S. Agriculture Secretary Brooke Rollins said on Monday without providing further details.
www.reuters.com
November 24, 2025 at 7:45 PM
Data show high school grads faced unemployment rates at least 2.3 points above college grads from 2000–2025, with the gap jumping to about 7.8 points in the Great Recession.
fredblog.stlouisfed....
November 24, 2025 at 7:28 PM
Trump Weighing Advanced Nvidia Chip Sales to China, Lutnick Says - Bloomberg
Trump Weighing Advanced Nvidia Chip Sales to China, Lutnick Says
President Donald Trump is weighing whether to allow Nvidia Corp. to sell advanced artificial intelligence chips to China and will be the one to make a final decision on the matter, US Commerce Secretary Howard Lutnick said.
www.bloomberg.com
November 24, 2025 at 7:07 PM
US demands 'balanced' EU digital rules before it cuts steel tariffs - Reuters
US demands 'balanced' EU digital rules before it cuts steel tariffs
The United States on Monday demanded that the European Union make its regulation of the tech sector more "balanced" in exchange for a reduction of U.S. tariffs on steel and aluminium imports from the bloc.
www.reuters.com
November 24, 2025 at 6:44 PM
Net migration plunges to about 500,000 in 2025 from 2.2 million in 2024, failing to offset a 740,000 drop in native working-age adults. Analysts say the slowdown cuts 2025 prime-age labor force growth by 0.8 percentage point.
Immigration and Changes in Labor Force Demographics - San Francisco Fed
Recent shifts in immigration flows have lowered the estimates of net international migration into the United States. New data indicate that net migration will be close to half a million people in 2025, down from 2.2 million in 2024. Estimates based on these data and on past trends for the U.S.-born population suggest that this could lead to a decrease in the working-age population and slower growth in the prime-age labor force. Continued low levels of immigration would lead to decreases in the total prime-age labor force.
www.frbsf.org
November 24, 2025 at 6:33 PM