by Still way above the 200,000 pre covid levels.Makes me wonder why so many people are still losing jobs: Weaker imports is likely a sign of a weaker US consumer: And oil isn’t much of a factor anymore: This is seriously low as supply issues continue: Dried-Up Inventory Sinks U.S. Light-Vehicle Sales in August :: Wards Intelligence (informa.com) August’s annualized rate was tracking about one million units higher until the inventory-drain worsened enough that sales nosedived at the end of the month, which does not bode well for the upcoming Labor Day weekend (as well as entire-September), when the market usually gets a boost from holiday deals and promotions.
Topics:
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
Still way above the 200,000 pre covid levels.
Makes me wonder why so many people are still losing jobs:
Weaker imports is likely a sign of a weaker US consumer:
And oil isn’t much of a factor anymore:
This is seriously low as supply issues continue:
Dried-Up Inventory Sinks U.S. Light-Vehicle Sales in August :: Wards Intelligence (informa.com)
August’s annualized rate was tracking about one million units higher until the inventory-drain worsened enough that sales nosedived at the end of the month, which does not bode well for the upcoming Labor Day weekend (as well as entire-September), when the market usually gets a boost from holiday deals and promotions.
