Summary:
No recession here: Permits for new home construction are down from the post-Covid bounce but remain above pre-Covid levels: New home sales recovering from rate hike fears and returning to pre-Covid highs, as in fact rate hikes increase gov deficit spending on interest expense paid to the economy, adding to incomes and spending:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
No recession here: Permits for new home construction are down from the post-Covid bounce but remain above pre-Covid levels: New home sales recovering from rate hike fears and returning to pre-Covid highs, as in fact rate hikes increase gov deficit spending on interest expense paid to the economy, adding to incomes and spending:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
Editor writes new issue of Real-World Economics Review
John Quiggin writes Towards deliberative Parliaments: Greens success at recent elections points the way
Editor writes Long Read – Is Bitcoin more energy intensive than mainstream finance?
Peter Radford writes Weekend read – The trouble with words
No recession here:
Permits for new home construction are down from the post-Covid bounce but remain above pre-Covid levels:
New home sales recovering from rate hike fears and returning to pre-Covid highs, as in fact rate hikes increase gov deficit spending on interest expense paid to the economy, adding to incomes and spending: