Durable goods, housing permits, new home sales, consumer confidence

No recession here: Permits for new home construction are down from the post-Covid bounce but remain above pre-Covid levels: New home sales recovering from rate hike fears and returning to pre-Covid highs, as in fact rate hikes increase gov deficit spending on interest expense paid to the economy, adding to incomes and spending: The post Durable goods, housing permits, new home sales, consumer confidence appeared first on Mosler Economics / Modern Monetary Theory .