Economic News | Fed extends wait & see posture on interest rates

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South Charlotte is littered with those houses, white painted brick with black windows.
 
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bipartisanpolicy.org

March 2025 Debt Limit Analysis | Bipartisan Policy Center

During debt limit impasses, the Bipartisan Policy Center’s experts monitor and analyze federal cash flows to project the X Date—the period during which the…
bipartisanpolicy.org bipartisanpolicy.org

Debt ceiling usually hits on the earlier side of when their estimate widens to touch the X-axis (so July could be it, absent some unexpected increase or decrease in tax revenue or sudden major expense like disaster response).
 
The Conference Board just published it's survey about the future of our economy. It reported a figure of 65.2 which is the lowest mark in 12 years.

Anything below 80 is considered predictive of looming recession.
 
Zoo_View said:
There are several in Carrboro, in the old mill district.

McMansions and/or infill (a 2nd and/or 3rd dwelling on a lot that used to be zoned one unit) has been happening in Carrboro for YEARS.
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and not only that those monstrosities are ugly as sin and not in keeping with the mill district:mad:
 
Note that if tax receipts are going to fall as the IRS memo predicts (and I don't doubt there will be some decline -- I've been skeptical of the $500B number), the debt ceiling X date will come sooner.
 
Per Trump today, he has "lowered grocery prices dramatically."

Can any cultists verify this for us? I have not noticed this. Is it just my little area that has the same prices or a little higher? I never want to doubt our President.
 


GDP in fourth quarter lifted a hair to 2.4%. Don't expect a repeat in the first quarter.​


“…Current estimates for the economy, however, show a much slower pace of growth in the first few months of the new year, perhaps 1.5% or less.

A sharp cold snap, a holiday spending hangover and uncertainty tied to trade wars have weighed on the economy in the first quarter of 2025.

The most notable change in the fourth-quarter report, meanwhile, was a somewhat less robust pace of consumer spending. Outlays rose at a still frothy 4.0% rate instead of 4.2% as previously reported. …”
 
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