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Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence

Summary:
Still climbing. This is not good: This is bad too: Working it’s way lower as benefits expire and employment growth sags: Savings added by fiscal adjustments are running down: The economy has generated a lot less personal income than it would have generated without the covid crisis: Same with consumption, which is about 70% of gdp: Fading: Fading:

Topics:
WARREN MOSLER considers the following as important:

This could be interesting, too:

WARREN MOSLER writes Retail sales, Industrial production, Real estate loans

WARREN MOSLER writes Unemployment claims, rig count, nat gas prices

WARREN MOSLER writes JOLTS, Gasoline, Small business index

WARREN MOSLER writes ADP, unemployment claims, trade

Still climbing. This is not good:

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence
This is bad too:

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence
Working it’s way lower as benefits expire and employment growth sags:

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence
Savings added by fiscal adjustments are running down:

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence

The economy has generated a lot less personal income than it would have generated without the covid crisis:

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence
Same with consumption, which is about 70% of gdp:

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence
Fading:

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence
Fading:

Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence

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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