Manufacturing PMI, construction spending, hires, loans

August 03, 2022 at 08:26 AM EDT

Still in positive growth: A bit softer after a post-Covid acceleration: Took a zig down last month but still very high and still trending higher: Lending continues higher well after the rate hikes, which presumably work to cut demand by dampening lending: The post Manufacturing PMI, construction spending, hires, loans appeared first on Mosler Economics / Modern Monetary Theory .

Still in positive growth:

A bit softer after a post-Covid acceleration:

Took a zig down last month but still very high and still trending higher:

Lending continues higher well after the rate hikes, which presumably work to cut demand by dampening lending:

The post Manufacturing PMI, construction spending, hires, loans appeared first on Mosler Economics / Modern Monetary Theory.