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Consumer spending, trade, layoffs, jobless claims, political comments

Summary:
Still very weak- gone from increasing to decreasing: Slowdown plus fiscal adjustment supporting income increased imports vs exports, and oil production going from positive to negative is still in progress: Layoffs continue at a very high level as firms who kept employees with gov assistance are now letting them go: New jobless claims continue at over 1 million per week for the 20th week: Continuing claims remain above 16 million: fyi:

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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

Still very weak- gone from increasing to decreasing:

Consumer spending, trade, layoffs, jobless claims, political comments

Slowdown plus fiscal adjustment supporting income increased imports vs exports, and oil production going from positive to negative is still in progress:

Consumer spending, trade, layoffs, jobless claims, political comments
Layoffs continue at a very high level as firms who kept employees with gov assistance are now letting them go:

Consumer spending, trade, layoffs, jobless claims, political comments
New jobless claims continue at over 1 million per week for the 20th week:

Consumer spending, trade, layoffs, jobless claims, political comments
Continuing claims remain above 16 million:

Consumer spending, trade, layoffs, jobless claims, political comments

Consumer spending, trade, layoffs, jobless claims, political comments
fyi:

Consumer spending, trade, layoffs, jobless claims, political comments

Consumer spending, trade, layoffs, jobless claims, political comments

Consumer spending, trade, layoffs, jobless claims, political comments

Consumer spending, trade, layoffs, jobless claims, political comments

Consumer spending, trade, layoffs, jobless claims, political comments

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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