Author Archive
Income, Consumption, Savings, Consumer loans, Real estate loans
Economic Releases
Jul 31, 2020
So jobs and paychecks and profits were lost, but gov deficit spending more than made up for the lost personal income, but spending went down anyway, as personal savings went up. Then personal income fell back some, consumption increased some, and savings went down some. The $1,200 distribution was a one time
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GDP, Claims
Economic Releases
Jul 30, 2020
Bad news on both fronts:
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Continuing claims, Durable goods orders, Air travel, Dining, Hotels, Gasoline
Economic Releases
Jul 27, 2020
Not getting any better: Still at depressed levels, and these numbers are not inflation adjusted:
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Architecture billings, Sales manager indexes, Claims
Economic Releases
Jul 23, 2020
same pattern Up a bit from already very high levels:
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Chicago national survey, Existing home sales and prices
Economic Releases
Jul 22, 2020
A bounce after the big dip but still at a very depressed level: A bounce but still way down: And home prices dropping:
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Confidence, Housing starts and permits, LA port traffic, GDP forecasts
Economic Releases
Jul 18, 2020
This is about consumer spending plans which remain weak: Housing starts were depressed historically and going sideways before covid, and have subsequently weakened: Collapse in global trade continues: Not good:
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Industrial production, Fed report
Economic Releases
Jul 16, 2020
Still way down after a small uptick last month, and it had already started fading with the tariffs that continue: https://www.instagram.com/tv/CCqgZ8xD-Ef/?igshid=1r39gp3arr6i0
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Bank loans, Commercial real estate index, Dining
Economic Releases
Jul 15, 2020
The retreat continues: Commercial real estate leading index was down again for June: Taken a turn for the worse:
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Jobless claims, GDP forecasts, Stock valuations by mkt cap
Economic Releases
Jul 11, 2020
Still at very high levels: Q2 forecasts for GDP, which ended June 30 (forecasting the past). Down 35% is about a $2 trillion drop in income/sales for the economy: Interesting:
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