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Housing Permits, Atlanta Fed

Summary:
You can see the spike just before the NY tax break expired, followed by prior, lower levels of growth. This is not a sign of an ‘acceleration’ in housing, or even a housing ‘recovery’:This hasn’t updated yet:

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You can see the spike just before the NY tax break expired, followed by prior, lower levels of growth.

This is not a sign of an ‘acceleration’ in housing, or even a housing ‘recovery’:
Housing Permits, Atlanta Fed
This hasn’t updated yet:

Housing Permits, Atlanta Fed

Housing Permits, Atlanta Fed

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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