Another hint at a cooling housing market: Nearly double pre covid levels indicating a lot of people are still losing jobs every week: This chart
Settling back to pre-covid levels: After cutting price to shut down the higher cost producers, particularly US shale, the Saudis have moved prices back to
Private sector deficit spending needs to replace fading public sector deficit spending (as benefits expire) to sustain output and employment: A small pick up here
Another shipping crisis looms on Covid fears in southern China Still elevated though may be returning to trend? Still struggling:
A rise in prices from an external shock can result in a slowdown of consumption, but to date fiscal transfers have worked to sustain incomes
Soft spot in progress, and all federal unemployment benefits expire Labor Day: Still seems to be weakening: Job openings offsetting the prior dip as covid
With oil prices working their way higher, so is US oil drilling: Looks like they are falling back to ‘trend’: Still lots of slack: So
Settling back to very low growth, partially because of the increased federal deficit spending: A bit of ‘catch up’ from the prior drop: Computer chip
Personal income has remained elevated for the entire recession due to fiscal policy, and with the supplemental federal unemployment insurance is set to expire by
Claims continue to drift lower but are still about double what they were pre covid: Continued claims are also about double pre covid levels: Fell