Center of the Universemoslereconomics.com
The Site of Economist Warren Mosler
Retail sales, Industrial production, Real estate loans
January 15, 2021
Fading back to trend: Up a bit but still depressed: Mortgage applications may be up some but not bank lending for real estate: The post Retail sales, Industrial production, Real estate loans appeared...
Unemployment claims, rig count, nat gas prices
January 14, 2021
It’s bad and getting worse: The post Unemployment claims, rig count, nat gas prices appeared first on The Center of the Universe .
JOLTS, Gasoline, Small business index
January 12, 2021
Longer-term stagnation setting in: The post JOLTS, Gasoline, Small business index appeared first on The Center of the Universe .
ADP, unemployment claims, trade
January 07, 2021
This is not good: Imports going up with stimulus funds as jobless claims remain high: The post ADP, unemployment claims, trade appeared first on The Center of the Universe .
Consumer confidence, construction spending, gasoline
January 04, 2021
Not adjusted for inflation. Most recently showing an increase: The post Consumer confidence, construction spending, gasoline appeared first on The Center of the Universe .
Gasoline, New home sales, Personal income, Personal consumption
December 23, 2020
still weakening: November new home sales fall more than expected, builder stocks drop Continues to fall back as benefits fade and employment remains weak: Weakening after failing to return to trend as...
Jobless claims, housing starts, news headlines
December 19, 2020
Stubbornly way high and rising some: Very high and coming down only as they expire: Familiar dip and partial recovery pattern: The post Jobless claims, housing starts, news headlines appeared first on...
Retail sales, architecture billings
December 16, 2020
The pace is sort of coming back to trend line: Familiar pattern as weakness continues: The post Retail sales, architecture billings appeared first on The Center of the Universe .
Consumer sentiment, Optimism, Industrial production
December 15, 2020
Still depressed: Tariffs turned this one south before covid did its thing: The post Consumer sentiment, Optimism, Industrial production appeared first on The Center of the Universe .
Real estate loans, restaurants, gasoline
December 14, 2020
Some housing indicators may be looking up but not this one: Other indicators sagging as well as the economy starts to go over the fiscal cliff as benefits expire: The post Real estate loans,...
Claims, employment, commercial real estate leading index
December 08, 2020
New claims still severely elevated: The post Claims, employment, commercial real estate leading index appeared first on The Center of the Universe .
These continue at extraordinarily high levels: Still working its way lower, and never has had much of a recovery since the 2008 collapse. This chart isn’t inflation adjusted, so it’s that much worse...
Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence
November 25, 2020
Still climbing. This is not good: This is bad too: Working it’s way lower as benefits expire and employment growth sags: Savings added by fiscal adjustments are running down: The economy has generated...
Euro zone services, gasoline demand, restaurants, hotels
November 23, 2020
Bad relapse after inadequate fiscal adjustments: The post Euro zone services, gasoline demand, restaurants, hotels appeared first on The Center of the Universe .
Jobless claims, Existing home sales, Euro construction
November 19, 2020
Still extremely high and now going higher: The large dip in sales was followed by a recovery, so the total sales over that time are about on track: Back into contraction: The post Jobless claims,...
Architecture billings, Housing starts, Real estate loans
November 18, 2020
Still in contraction: One unit starts are up but not enough to make up for the dip yet: And housing remains historically depressed, and more so when factoring in population growth: And lending growth...
Retail sales, Industrial production
November 17, 2020
The lost sales are water under the bridge as current sales growth has declined and leveled off as federal support for lost personal income fades: Same pattern here- big dip, but only a partial recovery...
Consumer sentiment, restaurants, Oil consumption, Covid
November 16, 2020
An already weak economy seems to be turning south: Deaths lag new cases by several weeks= they are going a lot higher: The post Consumer sentiment, restaurants, Oil consumption, Covid appeared first on...
Unemployment claims, Mtg purchase apps
November 12, 2020
Still over 700,000 new claims this long after the collapse: Still hasn’t recovered from the 2008 collapse: The post Unemployment claims, Mtg purchase apps appeared first on The Center of the Universe...
Employment, ADP, vehicle sales
November 06, 2020
Still down over 10 million jobs vs pre covid: The Cares Act expenditures are winding down… Private payroll recovery leveling off: Same pattern. Collapse, partial recovery, then sideways to down: The...
Personal income and consumption
November 02, 2020
Personal income, which includes gov transfer payments, is coming down in steps after spiking for the fiscal adjustments, and still remains a bit higher than it would have been as transfer payments wind...
Tags Emerging Markets
GDP, jobless claims, pending home sales
October 29, 2020
Partial recovery but recent data shows growth stalling while a large gap (unemployment) persists as tariffs, covid, and no additional fiscal support continue: The gap initially closed relatively...
Durable goods, Covid, Gasoline supplied
October 27, 2020
Still trending lower: More testing AND the % positive is up as new cases and deaths, which lag new cases, increase: Weakening: The post Durable goods, Covid, Gasoline supplied appeared first on The...
New home sales, Chicago Fed survey, Lumber prices, US survey
October 26, 2020
Trump looks to be losing by a substantial margin at the moment, which means to me that there won’t be a fiscal adjustment before January’s new Congress, and without a sufficient majority in the Senate...
Mtg purchase apps, Housing starts, Small business jobs
October 21, 2020
Becoming clear housing isn’t doing all that well: The post Mtg purchase apps, Housing starts, Small business jobs appeared first on The Center of the Universe .