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Manufacturing PMI, construction spending, hires, loans

Summary:
Still in positive growth: A bit softer after a post-Covid acceleration: Took a zig down last month but still very high and still trending higher: Lending continues higher well after the rate hikes, which presumably work to cut demand by dampening lending:

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Still in positive growth:

Manufacturing PMI, construction spending, hires, loans

A bit softer after a post-Covid acceleration:

Manufacturing PMI, construction spending, hires, loans

Took a zig down last month but still very high and still trending higher:

Manufacturing PMI, construction spending, hires, loans

Lending continues higher well after the rate hikes, which presumably work to cut demand by dampening lending:

Manufacturing PMI, construction spending, hires, loans

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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