Durable goods orders, home prices, Fed policy
Looking solid to me: The one loser in the rate hike saga- housing, looks to be going from a 20% spike up to about flat
Looking solid to me: The one loser in the rate hike saga- housing, looks to be going from a 20% spike up to about flat
No recession here: Volatility in aircraft orders but the uptrend still looks intact:
Prices, new home sales, spending and income all up, as are GDPforecasts, all thanks to the $1 trillion+ of deficit spending on interestdue to the
Surprised on the upside as the expansion continues: The S&P Global US Composite PMI rose to 50.2 in February 2023, up sharply from 46.8 in
This is consistent with a housing market that bottomed in November: Still strong at all-time highs: Still looking strong since the rate hikes:
Housing looking more and more like it bottomed a couple of months ago: GDP estimates are quickly moving higher as January data is released: Looking
Boom! At this rate GDP could grow at 5%+ the quarter: The labor force continues to grow: Boom again!
Deficit spending to pay for the rate hikes doing its thing. Up and trending higher: Job cuts up but job openings and new hires up
Income looks solid and should increase further with January increases in Social Security, military, and infrastructure spending along with increased interest income from the Fed’s rate