Jobless claims, GDP, durable goods orders, housing starts and construction
No recession in sight, other than forecasts that assume rate hikes cause recession 😉 This has been the weak sector, but it’s not at recession
No recession in sight, other than forecasts that assume rate hikes cause recession 😉 This has been the weak sector, but it’s not at recession
Hovering around pre-COVID levels with signs of bottoming (December had weather issues): Record high and this is the stuff of GDP, etc: Almost a year
We’ll see whether or not these are just weather-related downturns that reverses: Looks to me like it pretty much tracks oil prices (which are now
Small businesses are worried about the rate hikes. I’ll go with the consumer confidence 😉 Down even more- Rises and falls with oil prices set
A slight down-tic but no recession: Growing nicely. A surprise only to those who believe the rate hikes create unemployment 😉 Unemployment at a 50
Employment data remains solid: This survey is a tad on the weak side, but employment remains firm, indicating core strength: The ISM Manufacturing PMI for
Nominal income has grows relentlessly, assisted by deficit spending, including government interest expense that increases with the rate hikes: Adjusted for inflation and taxes, after a
Weakening some, but still in the post-COVID range: The US economy grew an annualized 3.2% on quarter in Q3 2022, better than 2.9% in the
Looking firm- no sign of recession: Another record high: Off a bit, but still very high:
A slight decline this month but nothing serious yet: Jobs situation still looks solid, as the Fed keeps hiking to get this to spike higher: Retail