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 .
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:

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The post Durable goods, housing permits, new home sales, consumer confidence appeared first on Mosler Economics / Modern Monetary Theory.

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