Daniel Rundberg » Posts


If the economy is growing, why don't I see it?

A look by the NYT about how despite the economic growth that is occurring, most Americans feel uncertain about the economic future. Does feature some conversation about inflation, real/nominal GDP, and consumer confidence.

Persistent Inflation and the Consumer Price Index

We talk about the Consumer Price Index in Macro. Representing a broad swath of goods the consumers purchase, an increase in it means that consumers are facing higher prices for goods and services. If that happens, people pay more for the same goods and the dollar doesn't go as far as it once did (inflation). 

"The Great Resignation" and the Ongoing Labor shortage

Here is a great article by the New York Times that covers a lot of ground from inflation and rising prices, to the labor shortage, to current labor economics. A very interesting and worthwhile read that covers several topics we discuss in Macroeconomics.