by Summary:
Something happened about the time of the Presidential election that caused a sudden deceleration of bank lending, which had already been decelerating since the collapse of oil capex. And still no signs of a recovery here, as consumers seem to be instead dipping into savings to sustain consumption as personal income growth decelerates as well:
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
Something happened about the time of the Presidential election that caused a sudden deceleration of bank lending, which had already been decelerating since the collapse of oil capex. And still no signs of a recovery here, as consumers seem to be instead dipping into savings to sustain consumption as personal income growth decelerates as well:
Topics:
WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages
WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices
WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits
WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production
Something happened about the time of the Presidential election that caused a sudden deceleration of bank lending, which had already been decelerating since the collapse of oil capex.
And still no signs of a recovery here, as consumers seem to be instead dipping into savings to sustain consumption as personal income growth decelerates as well:
