Pending home sales, Durable goods orders, oil rigs and production

Summary:
Recovered to trend but only because this chart isn’t adjusted for inflation: Nor does the narrative that consumers have gone crazy buying goods seem to be holding up:Not a lot of growth here:

Topics:
WARREN MOSLER considers the following as important: Economic Releases

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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages

WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices

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WARREN MOSLER writes Employment, optimism index, consumer credit, consumer price index