Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast
Down from the post-Covid bounce but not in any kind of collapse: More evidence we had a soft landing, cushioned by the rate hikes that
Down from the post-Covid bounce but not in any kind of collapse: More evidence we had a soft landing, cushioned by the rate hikes that
As previously discussed, with oil prices coming down the inflation problem ends. (The month to month change in CPI was 0) And what happens next
This is about borrowing to spend, indicating positive spending and GDP: Pressures easing here: And this may indicate global spending is holding up: So in
This is adding support to employment and output, even as consumption weakens. The relatively low cost of energy should keep it going for a while:
Still in positive growth: A bit softer after a post-Covid acceleration: Took a zig down last month but still very high and still trending higher:
Flattening with the fiscal contraction, but no recession yet: Thank goodness for the rate hikes and their support of personal income 😉
Weak headline, but so far not looking as bad as most mistakenly expected with Fed rate hikes: Slowing in real terms but growing: Growing fast
Not adjusted for inflation but not showing signs of recession: If oil prices remain near current levels the inflation is over and we’re back to
This makes sense to me. We have had a post-Covid war slowdown in federal spending that is evidenced by the decelerating economy. But the federal
Worst of the shipping issues are behind us: Wholesale price growth is moderating as well: Core CPI growth also moderating: Headline CPI continues to grow,