by Still no sign of acceleration:Though still how historically, the growth rate in real estate secured lending has picked up some, probably reflecting fewer cash buyers and the modest increases in sales:This is up some as well. Note that it went up gradually into the last recession, probably because when things go bad people borrow for a while before cutting back:This is a new series. The latest leveling off might be an indication that the mini surge in car sales is over? ECRI’s WLI Growth Index Declines and Remains In Contraction Oct 16 — ECRI’s WLI Growth Index which forecasts economic growth six months forward – declined and remains in negative territory. This index had spent 28 weeks in negative territory, then 15 weeks in positive territory – and now is in its ninth week in negative territory. Rail Week Ending 10 October 2015: Recession In Rail Continues Oct 16 — Week 40 of 2015 shows same week total rail traffic (from same week one year ago) and monthly total rail traffic (from same month one year ago) declined according to the Association of American Railroads (AAR) traffic data. Intermodal traffic moderately expanded year-over-year, which accounts for approximately half of movements. but weekly railcar counts continued in contraction.
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WARREN MOSLER considers the following as important: Credit, GDP
This could be interesting, too:
NewDealdemocrat writes Real GDP for Q3 nicely positive, but long leading components mediocre to negative for the second quarter in a row
Mike Norman writes Atlanta Fed reduces Q2 GDP forecast once again, as I said they would
Frances Coppola writes Why the Tories’ “put people to work” growth strategy has failed
Angry Bear writes First Quarter GDP Growth at 1.6 Percent
Still no sign of acceleration:
Though still how historically, the growth rate in real estate secured lending has picked up some, probably reflecting fewer cash buyers and the modest increases in sales:
This is up some as well. Note that it went up gradually into the last recession, probably because when things go bad people borrow for a while before cutting back:
This is a new series. The latest leveling off might be an indication that the mini surge in car sales is over?
ECRI’s WLI Growth Index Declines and Remains In Contraction
Oct 16 — ECRI’s WLI Growth Index which forecasts economic growth six months forward – declined and remains in negative territory. This index had spent 28 weeks in negative territory, then 15 weeks in positive territory – and now is in its ninth week in negative territory.
Rail Week Ending 10 October 2015: Recession In Rail Continues
Oct 16 — Week 40 of 2015 shows same week total rail traffic (from same week one year ago) and monthly total rail traffic (from same month one year ago) declined according to the Association of American Railroads (AAR) traffic data. Intermodal traffic moderately expanded year-over-year, which accounts for approximately half of movements. but weekly railcar counts continued in contraction.