Mosler Economics

Still depressed: Tariffs turned this one south before covid did its thing:

Some housing indicators may be looking up but not this one: Other indicators sagging as well as the economy starts to go over the fiscal cliff as benefits expire:

New claims still severely elevated:

These continue at extraordinarily high levels: Still working its way lower, and never has had much of a recovery since the 2008 collapse. This chart isn’t inflation adjusted, so it’s that much worse than it looks:

Still climbing. This is not good: This is bad too: Working it’s way lower as benefits expire and employment growth sags: Savings added by fiscal adjustments are running down: The economy has generated a lot less personal income than it would have generated without the covid crisis: Same with consumption, which is about 70% of gdp: Fading: Fading:

Bad relapse after inadequate fiscal adjustments:

Still extremely high and now going higher: The large dip in sales was followed by a recovery, so the total sales over that time are about on track: Back into contraction:

Still in contraction: One unit starts are up but not enough to make up for the dip yet: And housing remains historically depressed, and more so when factoring in population growth: And lending growth has turned negative:

The lost sales are water under the bridge ascurrent sales growth has declined and leveled offas federal support for lost personal income fades: Same pattern here- big dip, but only a partial recovery before leveling off:

An already weak economy seems to be turning south: Deaths lag new cases by several weeks= they are going a lot higher: