Economic News

  • Thread starter Thread starter nycfan
  • Start date Start date
  • Replies: 3K
  • Views: 140K
  • Politics 
Vegas numbers aren’t great — the Strip is usually affected early by a decline in consumer spending … but maybe people are just tired of the gawdy heat

 
nycfan said:
Vegas numbers aren’t great — the Strip is usually affected early by a decline in consumer spending … but maybe people are just tired of the gawdy heat

Click to expand...

Canadian boycott + gambling in many states now + gambling apps + Vegas being expensive as hell for everything ....
 
nycfan said:
Vegas numbers aren’t great — the Strip is usually affected early by a decline in consumer spending … but maybe people are just tired of the gawdy heat

Click to expand...

Get rid of the annoying resort fees and those numbers would turnaround.
 
I remember when Vegas was cheap. Good food was cheap, shows were affordable. The first thing I remember being expensive in Las Vegas was golf. Then everything else caught up.
 


There'll be good times again
For me and you,
But we just can't stay together.
Can't you feel it too?
Still I'm glad for what we had
And how I once loved you,

But it's too late, baby,
Now it's too late,
Though we really did try to make it.
Somethin' inside has died
And I can't hide and I just can't fake it.
Oh, no, no, no, no, no, no..

It's too late, baby.
It's too late, now, darlin'.
It's too late.

Amas 2019 GIF by AMAs
 
nycfan said:


There'll be good times again
For me and you,
But we just can't stay together.
Can't you feel it too?
Still I'm glad for what we had
And how I once loved you,

But it's too late, baby,
Now it's too late,
Though we really did try to make it.
Somethin' inside has died
And I can't hide and I just can't fake it.
Oh, no, no, no, no, no, no..

It's too late, baby.
It's too late, now, darlin'.
It's too late.

Amas 2019 GIF by AMAs
Click to expand...

 


“… While costs may dip slightly once grilling season ends, experts say significant price relief could be years away.

“If we’re thinking about seeing prices lower than we saw last year or going back to prices 5 or 6 years ago, that’s not very likely,” said David Anderson, a professor and extension economist for livestock and food product marketing at Texas A&M. “But I do think there is a chance for some relief from this (summer) spike in prices.”…”
 
nycfan said:


“… While costs may dip slightly once grilling season ends, experts say significant price relief could be years away.

“If we’re thinking about seeing prices lower than we saw last year or going back to prices 5 or 6 years ago, that’s not very likely,” said David Anderson, a professor and extension economist for livestock and food product marketing at Texas A&M. “But I do think there is a chance for some relief from this (summer) spike in prices.”…”
Click to expand...

“…
According to June figures from the Labor Department:

  • All uncooked ground beef costs $6.34 per pound, up 11% from a year ago
  • Chuck roast costs $8.20 per pound, up 7.2%
  • Round roast costs $7.76 per pound, up 12.8%
  • Sirloin steak costs $12.92 per pound, up 12.7%
  • Beef for stew costs $8.02 per pound, up 10.7% …”
 
nycfan said:


U.S. Hiring Slowed in July, With 73,000 New Jobs​

July’s report comes as policymakers are grappling with competing narratives of the economy​


🎁 —> https://www.wsj.com/economy/jobs/jo...e?st=6ieVAv&reflink=desktopwebshare_permalink
Click to expand...

“… The U.S. added a seasonally adjusted 73,000 jobs in July, the Labor Department reported Friday, below the gain of 100,000 jobs economists polled by The Wall Street Journal had expected to see.

The unemployment rate rose slightly to 4.2% from 4.1%.

Hiring in May and June was much weaker than previously reported. Revisions showed employers added a combined 258,000 fewer jobs in May and June than previously estimated. …”
 
nycfan said:
“… The U.S. added a seasonally adjusted 73,000 jobs in July, the Labor Department reported Friday, below the gain of 100,000 jobs economists polled by The Wall Street Journal had expected to see.

The unemployment rate rose slightly to 4.2% from 4.1%.

Hiring in May and June was much weaker than previously reported. Revisions showed employers added a combined 258,000 fewer jobs in May and June than previously estimated. …”
Click to expand...
“…
Economists are paying particular attention to changes in the supply of workers. A dramatic decrease in border crossings is constraining the number of people from abroad coming into the labor force. High-profile immigration raids are keeping many workers at home. Meanwhile, the U.S. is aging, boosting retirements and limiting the number of younger people joining the workforce.

A year and a half ago, the economy needed to add 166,000 jobs a month to keep the labor market steady, according to Peterson Institute for International Economics senior fellow Jed Kolko. As of June, Kolko said, the needed number was only 86,000.

“It’s fallen so much because this immigration surge has ended,” Kolko said. In other words, a job creation number that might have looked lackluster a year and a half ago might actually be strong today.

Recently, the number of jobs created each month has been slowing, but the unemployment rate has risen only slightly.

“People are going to have to get used to employment gains that are meh that will not tell us on their own that the job market is weak,” said Berger. “That is a weird thing for people to get used to.”…”
 
You must log in or register to reply here.
Back
Top