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GDP, jobless claims, pending home sales

Summary:
Partial recovery but recent data shows growth stalling while a large gap (unemployment) persistsas tariffs, covid, and no additional fiscal support continue: The gap initially closed relatively quickly, but progress has slowed:

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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

Partial recovery but recent data shows growth stalling while a large gap (unemployment) persists
as tariffs, covid, and no additional fiscal support continue:

GDP, jobless claims, pending home sales
The gap initially closed relatively quickly, but progress has slowed:

GDP, jobless claims, pending home sales

GDP, jobless claims, pending home sales

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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