Gone negative year over year adjusted for inflation: This series looks to me like it’s flattened and adjusted for inflation remains well below 2008 highs, and hasn’t fully recovered from the collapse of oil capex at the end of 2014: New home sales appear to have rolled over at very low levels. They are pretty much only at levels of the early 1960’s when the population was maybe half of what it is today:
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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
Gone negative year over year adjusted for inflation:
This series looks to me like it’s flattened and adjusted for inflation remains well below 2008 highs, and hasn’t fully recovered from the collapse of oil capex at the end of 2014:
New home sales appear to have rolled over at very low levels. They are pretty much only at levels of the early 1960’s when the population was maybe half of what it is today: