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:
Read More »Retail sales, Consumer sentiment, NY manufacturing survey
Gone flat post covid, adjusted for inflation: The post covid slump continues, and now there are war disruptions: US Consumer Sentiment Lowest since 2011The University of Michigan consumer sentiment for the US fell to 59.7 in March of 2022 from 62.8 in February, below market forecasts of 61.4, preliminary estimates showed. It is the lowest reading since November of 2011, as inflation expectations rose sharply due to a surge in fuel prices exacerbated by the Russian invasion...
Read More »Employment, optimism index, consumer credit, consumer price index
Slowly returning to the pre covid trend: Still below the pre covid trend line:
Read More »Car sales, ISM Services, Atlanta Fed, energy recession chart
Low and slipping: GDP tracking at 0:
Read More »Income expectations, NY manufacturing, industrial production, retail sales
Post war slowdown continues: Below the 2018 highs, but still growing from the covid dip: Adjusted for inflation, the slope is downward:
Read More »Optimism indexes, mtg purchase applications
Post was slump continues: Mortgage applications and housing in general remains far weaker than it was when rates were far higher and the population was a lot lower as well:
Read More »Employment, oil
Still slowly working its way back to the pre covid trend: New rigs continue to come online, but it won’t interfere with Saudi/Russian price setting until sufficient production comes online to reduce Saudi sales. And right now sales are going up, indicating that demand for oil at the Saudi’s prices is increasing, as the Saudis set price and let their refiners buy all they want at their posted prices: As previously discussed, Saudi OSP’s (official selling price spreads vs...
Read More »Private payrolls, durable goods orders, ISM services, Atlanta Fed
Fading, and this series is not inflation adjusted: Still high but falling fast: Still at only .1% GDP growth for Q1:
Read More »Dallas Fed, China, Atlanta Fed, private fixed investment
Slumping: Post war slump there as well: Post war slump there as well: Off to a slow start:
Read More »Personal income and spending, consumer sentiment
Still fading: Still not looking like an excess demand problem: Might be the slowing income growth?
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