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Philidepia Fed, Freight, Architecture index, Housing starts

Summary:
Last month’s uptick hinted at a reversal, but this month’s large move back down says otherwise: Still rolling over, and from depressed levels relative to prior cycles, and these charts are not population adjusted which only makes it worse:

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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages

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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

Last month’s uptick hinted at a reversal, but this month’s large move back down says otherwise:

Philidepia Fed, Freight, Architecture index, Housing starts

Philidepia Fed, Freight, Architecture index, Housing starts

Philidepia Fed, Freight, Architecture index, Housing starts

Philidepia Fed, Freight, Architecture index, Housing starts
Still rolling over, and from depressed levels relative to prior cycles, and these charts are not population adjusted which only makes it worse:

Philidepia Fed, Freight, Architecture index, Housing starts

Philidepia Fed, Freight, Architecture index, Housing starts

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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