Friday , February 21 2020
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Durable good orders, ISM NY, Mexico PMI

Summary:
Up a bit this month but still trending lower. And on an inflation adjusted basis well below prior highs. The chart is not inflation adjusted: A blip up this month, but remains in contraction (below 50):

Topics:
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Up a bit this month but still trending lower. And on an inflation adjusted basis well below prior highs. The chart is not inflation adjusted:

Durable good orders, ISM NY, Mexico PMI
A blip up this month, but remains in contraction (below 50):

Durable good orders, ISM NY, Mexico PMI

Durable good orders, ISM NY, Mexico PMI

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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