Center of the Universemoslereconomics.com
The Site of Economist Warren Mosler
With consumption as weak as it is, the latest fiscal adjustment probably won’t put much upward pressure on prices: The post Personal income and spending, Architecture billings, Congressional Resolution...
Mtg apps, durable goods orders, vehicle miles
March 25, 2021
Muddling through: The post Mtg apps, durable goods orders, vehicle miles appeared first on The Center of the Universe .
Some improvement but remains weak: Looks ok to me: Not looking good: Not looking good: The post Consumer sentiment, retail sales, industrial production, homebuilder sentiment appeared first on The...
A setback to levels of the 1950’s when there were half as many people: Imports up, exports down: The post Housing starts and permits, mortgage purchase apps, LA port traffic appeared first on The...
Employment, imports, consumer borrowing
March 05, 2021
Employment increased more than expected last month but still looking anemic overall: Returning to normal, good for the global economy: The post Employment, imports, consumer borrowing appeared first on...
Jobless claims, ADP payrolls, ISM services, Vehicle sales
March 03, 2021
Employment growth has stalled: Not looking good: Also fading: The post Jobless claims, ADP payrolls, ISM services, Vehicle sales appeared first on The Center of the Universe .
Back to 2018 levels with lots lost during the dip: Still drifting lower: Another round of Federal checks hit last month: The economy is generating less personal income than pre covid and fading: Some...
New home sales, mortgage purchase applications, bank real estate lending, crude oil prices
February 24, 2021
Settling in at perhaps somewhat higher levels: Promising! Not showing up here yet: No telling what the Saudis are up to: The post New home sales, mortgage purchase applications, bank real estate...
Consumer sentiment, unemployment claims, housing starts, lumber, retail sales, industrial production
February 19, 2021
Alarmingly high this long after the crisis and no longer moving lower: Seems ‘on average’ it’s hard to say much has changed: Though this looks promising: Tariffs and Covid related supply issues are...
Small business index, JOLTS, corn
February 09, 2021
Back to where it was pre Trump: New hires down, openings up some but that includes openings to replace higher cost workers: Exporting our food supply (in addition to turning it into motor fuel and...
February 05, 2021
Looking bad: Looks like the long term growth of government employment was reversed by Obama, then it increased under Trump until the covid crisis: The post Employment appeared first on The Center of...
Claims, durable goods orders, vehicle sales
February 04, 2021
Still massively elevated: Orders are about back to where they were but remain at sub 2018 levels: Still soft and sales lost during the dip not recovered: Sales continue to shift from passenger cars:...
Personal income and spending
February 01, 2021
Personal income went up with the crisis due to Federal transfers of the Cares Act, which subsequently faded: Personal income excluding government support continues to lag behind prior levels: Even with...
Trade, architecture billings, Covid chart, bank lending
January 27, 2021
Promising: No recovery yet: The post Trade, architecture billings, Covid chart, bank lending appeared first on The Center of the Universe .
Unemployment claims, consumer sentiment, household debt
January 21, 2021
No problem here seems: The post Unemployment claims, consumer sentiment, household debt appeared first on The Center of the Universe .