The pace is sort of coming back to trend line:
Familiar pattern as weakness continues:
Some housing indicators may be looking up but not this one:
Other indicators sagging as well as the economy starts to go over the fiscal cliff as benefits expire:
New claims still severely elevated:
These continue at extraordinarily high levels:
Still working its way lower, and never has had much of a recovery since the 2008 collapse. This chart isn’t inflation adjusted, so it’s that much worse than it looks:
Still climbing. This is not good:
This is bad too:
Working it’s way lower as benefits expire and employment growth sags:
Savings added by fiscal adjustments are running down:
The economy has generated a lot less personal income than it would have generated without the covid crisis:
Same with consumption, which is about 70% of gdp:
Fading:
Fading:
Bad relapse after inadequate fiscal adjustments:
Still extremely high and now going higher:
The large dip in sales was followed by a recovery, so the total sales over that time are about on track:
Back into contraction:
Still in contraction:
One unit starts are up but not enough to make up for the dip yet:
And housing remains historically depressed, and more so when factoring in population growth:
And lending growth has turned negative:
The lost sales are water under the bridge as
current sales growth has declined and leveled off
as federal support for lost personal income fades:
Same pattern here- big dip, but only a partial recovery before leveling off: