Jobs, Vehicle sales, Housing starts, Industrial production

Rolled over and heading lower:

Rolling over and heading south:

Had been rolling over but then this year end/good weather spike in December housing starts and lower rates probably worked to move activity forward from 2020. Permits had a small spike a bit earlier, and have since leveled off, and no house is built without a permit:


Deeper into negative territory as tax cut tailwind shifted to tariff headwind: