by Transfers coming down is slowing GDP growth: Housing continues to slow/ the post covid bounce is fading: Making a comeback but still a long way to go. This is a major driver of personal income. It also shows a lot of people are taking jobs, contrary to headlines of worker shortages: This is only through April, but note that new hires are up to about 6 million jobs per month: Another indicator the pace of the post covid recovery is fading:
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WARREN MOSLER considers the following as important: Economic Releases
This could be interesting, too:
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
Transfers coming down is slowing GDP growth:
Housing continues to slow/ the post covid bounce is fading:
Making a comeback but still a long way to go. This is a major driver of personal income. It also shows a lot of people are taking jobs, contrary to headlines of worker shortages:
This is only through April, but note that new hires are up to about 6 million jobs per month:
Another indicator the pace of the post covid recovery is fading:
