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Unemployment claims, personal income and consumption, total vehicle sales

Summary:
Who would have thought? This is through August which included Federal unemployment benefits that have subsequently expired.Income is now weaker than it was at the time of this report: Without transfer receipts income continues to lag pre covid levels: This is likely to go down in September with expiring Federal benefits:

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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

Who would have thought?

Unemployment claims, personal income and consumption, total vehicle sales

Unemployment claims, personal income and consumption, total vehicle sales

Unemployment claims, personal income and consumption, total vehicle sales
This is through August which included Federal unemployment benefits that have subsequently expired.
Income is now weaker than it was at the time of this report:

Unemployment claims, personal income and consumption, total vehicle sales
Without transfer receipts income continues to lag pre covid levels:

Unemployment claims, personal income and consumption, total vehicle sales
This is likely to go down in September with expiring Federal benefits:

Unemployment claims, personal income and consumption, total vehicle sales

Unemployment claims, personal income and consumption, total vehicle 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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