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Employment, Vehicle sales, Consumer durables, NYC

Summary:
Rapid deceleration: BEA: September Vehicles Sales increased to 17.2 Million SAAR “The job market has shown signs of a slowdown,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “The average monthly job growth for the past three months is 145,000, down from 214,000 for the same time period last year.” Negative year over year: BEA: September Vehicles Sales increased to 17.2 Million SAAR BEA released their estimate of September vehicle sales this morning. The BEA estimated sales of 17.19 million SAAR in September 2019 (Seasonally Adjusted Annual Rate), up 1.1% from the August sales rate, and down 0.7% from September 2019. Sales in 2019 are averaging 16.96 million (average of seasonally adjusted rate), down 1.1% compared to the same period in

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Rapid deceleration:

BEA: September Vehicles Sales increased to 17.2 Million SAAR

“The job market has shown signs of a slowdown,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “The average monthly job growth for the past three months is 145,000, down from 214,000 for the same time period last year.”

Employment, Vehicle sales, Consumer durables, NYC

Negative year over year:

BEA: September Vehicles Sales increased to 17.2 Million SAAR

BEA released their estimate of September vehicle sales this morning. The BEA estimated sales of 17.19 million SAAR in September 2019 (Seasonally Adjusted Annual Rate), up 1.1% from the August sales rate, and down 0.7% from September 2019.

Sales in 2019 are averaging 16.96 million (average of seasonally adjusted rate), down 1.1% compared to the same period in 2018.

Employment, Vehicle sales, Consumer durables, NYC

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Employment, Vehicle sales, Consumer durables, NYC

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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