Unchanged from last week as modest growth from very low levels continues: The seasonally adjusted Purchase Index was unchanged from one week earlier. The unadjusted Purchase Index decreased 20 percent compared with the previous week and was 5 percent lower than the same week one year ago. Last year, the Fourth of July fell on the prior week.Read more at http://www.calculatedriskblog.com/#sQ3JkrmqGOvif9t3.99 So now that they know larger deficits are better for an economy, why not raise the 3% limit for all? Low and the 3 month average declined: New home sales per capita still at prior recessions levels:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
John Quiggin writes Machines and tools
Eric Kramer writes An economic analysis of presidential immunity
Angry Bear writes Protesting Now and in the Sixties and Seventies
Lars Pålsson Syll writes The non-existence of economic laws
Unchanged from last week as modest growth from very low levels continues:
The seasonally adjusted Purchase Index was unchanged from one week earlier. The unadjusted Purchase Index decreased 20 percent compared with the previous week and was 5 percent lower than the same week one year ago. Last year, the Fourth of July fell on the prior week.
Read more at http://www.calculatedriskblog.com/#sQ3JkrmqGOvif9t3.99
So now that they know larger deficits are better for an economy, why not raise the 3% limit for all?
Low and the 3 month average declined:
New home sales per capita still at prior recessions levels: