GDP, population, vehicle sales

July 28, 2022 at 16:37 PM EDT

Weak headline, but so far not looking as bad as most mistakenly expected with Fed rate hikes: Slowing in real terms but growing: Growing fast in nominal terms: This is telling: They’ve generally been falling off for several years, though up a bit for the last three months since the rate hikes: The post GDP, population, vehicle sales appeared first on Mosler Economics / Modern Monetary Theory .

Weak headline, but so far not looking as bad as most mistakenly expected with Fed rate hikes:

Slowing in real terms but growing:

Growing fast in nominal terms:

This is telling:

They’ve generally been falling off for several years, though up a bit for the last three months since the rate hikes:

The post GDP, population, vehicle sales appeared first on Mosler Economics / Modern Monetary Theory.