Falling off again: After a typical precautionary draw down of credit lines, business loan growth turned and remains negative: Total bank credit has gone flat: Consumer borrowing is down, partly because of fiscal policy, and partly due to reduced spending: Real estate lending has slowed, but not by a whole lot:
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WARREN MOSLER considers the following as important: Economic Releases
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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
Falling off again:
After a typical precautionary draw down of credit lines, business loan growth turned and remains negative:
Total bank credit has gone flat:
Consumer borrowing is down, partly because of fiscal policy, and partly due to reduced spending:
Real estate lending has slowed, but not by a whole lot: