by Summary:
From Mike's latest: Total spending for the fiscal year thus far thru August 24, .3T, up 8 bln over last year and growing at 3.82%. This is the largest y-o-y positive gap so far and growing at the fastest year-o-y rate. Corporation Taxes, 6 bln, down .5 bln...down from the tax cuts... Bank credit up .4 bln to .795T, the highest in 3 weeks. The growth rate held steady at 3.7% y-o-y. Loans and Leases in Bank Credit, up bln to .382T. The growth rate ticked up to 4.7% y-o-y. Commercial and Industrial loans were up .4 bln to .224T. This is the highest level in 3 weeks. The growth rate accelerated to 5.7% y-o-y. Not too shabby...
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From Mike's latest: Total spending for the fiscal year thus far thru August 24, .3T, up 8 bln over last year and growing at 3.82%. This is the largest y-o-y positive gap so far and growing at the fastest year-o-y rate. Corporation Taxes, 6 bln, down .5 bln...down from the tax cuts... Bank credit up .4 bln to .795T, the highest in 3 weeks. The growth rate held steady at 3.7% y-o-y. Loans and Leases in Bank Credit, up bln to .382T. The growth rate ticked up to 4.7% y-o-y. Commercial and Industrial loans were up .4 bln to .224T. This is the highest level in 3 weeks. The growth rate accelerated to 5.7% y-o-y. Not too shabby...
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From Mike's latest:
Total spending for the fiscal year thus far thru August 24, $4.3T, up $158 bln over last year and growing at 3.82%. This is the largest y-o-y positive gap so far and growing at the fastest year-o-y rate.
Corporation Taxes, $206 bln, down $53.5 bln...down from the tax cuts...
Bank credit up $12.4 bln to $12.795T, the highest in 3 weeks. The growth rate held steady at 3.7% y-o-y. Loans and Leases in Bank Credit, up $5 bln to $9.382T. The growth rate ticked up to 4.7% y-o-y. Commercial and Industrial loans were up $5.4 bln to $2.224T. This is the highest level in 3 weeks. The growth rate accelerated to 5.7% y-o-y.
Not too shabby...