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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 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 Architecture billings, Housing starts, Real estate loans

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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