Saturday , November 28 2020
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Architecture billings, Housing starts, Real estate loans

Summary:
Still in contraction: One unit starts are up but not enough to make up for the dip yet: And housing remains historically depressed, and more so when factoring in population growth: And lending growth has turned negative:

Topics:
WARREN MOSLER considers the following as important:

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WARREN MOSLER writes Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence

WARREN MOSLER writes Euro zone services, gasoline demand, restaurants, hotels

WARREN MOSLER writes Jobless claims, Existing home sales, Euro construction

WARREN MOSLER writes Retail sales, Industrial production

Still in contraction:

Architecture billings, Housing starts, Real estate loans
One unit starts are up but not enough to make up for the dip yet:

Architecture billings, Housing starts, Real estate loans
And housing remains historically depressed, and more so when factoring in population growth:

Architecture billings, Housing starts, Real estate loans
And lending growth has turned negative:

Architecture billings, Housing starts, Real estate loans

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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