Personal income went up with the crisis due to Federal transfers of the Cares Act, which subsequently faded: Personal income excluding government support continues to lag behind prior levels: Even with the higher levels of total personal income consumption has lagged and most recently decreased as government benefits expired: A part of consumption comes from buying on credit, and with employment down, fewer people qualify for credit. So while the additional income reduces...
Read More »Trade, architecture billings, Covid chart, bank lending
Promising: No recovery yet:
Read More »Unemployment claims, consumer sentiment, household debt
No problem here seems:
Read More »Retail sales, Industrial production, Real estate loans
Fading back to trend: Up a bit but still depressed: Mortgage applications may be up some but not bank lending for real estate:
Read More »Unemployment claims, rig count, nat gas prices
It’s bad and getting worse:
Read More »JOLTS, Gasoline, Small business index
Longer-term stagnation setting in:
Read More »ADP, unemployment claims, trade
This is not good: Imports going up with stimulus funds as jobless claims remain high:
Read More »Consumer confidence, construction spending, gasoline
Not adjusted for inflation. Most recently showing an increase:
Read More »Gasoline, New home sales, Personal income, Personal consumption
still weakening: November new home sales fall more than expected, builder stocks drop Continues to fall back as benefits fade and employment remains weak: Weakening after failing to return to trend as benefits fade and employment remains weak:
Read More »Jobless claims, housing starts, news headlines
Stubbornly way high and rising some: Very high and coming down only as they expire: Familiar dip and partial recovery pattern:
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