Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts

Higher prices brought out a few more sellers: The blip up seems to have reversed: Softening: Looks like inventories have recovered: These largely involve buying intentions: Seems to be back on trend, without have ‘made up for’ the covid dip: The rate of growth is declining and has about settled back to the pre covid […] The post Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts appeared first on Mosler Economics / Modern Monetary Theory .

Higher prices brought out a few more sellers:

The blip up seems to have reversed:

Softening:

Looks like inventories have recovered:

These largely involve buying intentions:

Seems to be back on trend, without have ‘made up for’ the covid dip:

The rate of growth is declining and has about settled back to the pre covid trend.
The higher personal savings from the extra income from fiscal spending is largely
in the form of reduced personal debt:

There’s a history of accelerating tax receipts causing recessions:

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The post Existing home sales, new home sales, durable goods orders, consumer sentiment, personal consumption and income, tax receipts appeared first on Mosler Economics / Modern Monetary Theory.

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