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Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast

Summary:
Down from the post-Covid bounce but not in any kind of collapse: More evidence we had a soft landing, cushioned by the rate hikes that supported personal income. And no sign the rate hikes have slowed lending. If anything looks like they support it: Back to pre-Covid levels of GDP growth:

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Dan Crawford writes Open thread Sept. 30, 2022

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WARREN MOSLER writes Durable goods, housing permits, new home sales, consumer confidence

Down from the post-Covid bounce but not in any kind of collapse:

Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast

More evidence we had a soft landing, cushioned by the rate hikes that supported personal income.

Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast

Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast

And no sign the rate hikes have slowed lending. If anything looks like they support it:

Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast

Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast

Back to pre-Covid levels of GDP growth:

Mortgage purchase apps, consumer sentiment, bank loans, Fed Atlanta GDP nowcast

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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