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Center of the Universe
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Employment, births, mtg purchase apps
May 07, 2021
Before Covid, employment growth had already been decelerating due to the tariffs, which continue under President Biden: Births keep falling, and this is not population adjusted: Looks like real estate...
Personal consumption, consumer sentiment
May 04, 2021
Goods are a much smaller component than services: Improving: The post Personal consumption, consumer sentiment appeared first on The Center of the Universe .
Mtg apps, China, GDP, continuing unemployment claims, personal income
April 30, 2021
Doesn’t look like much of a housing boom here: China had been expanding: GDP is rising but still has a long way to go: The post Mtg apps, China, GDP, continuing unemployment claims, personal income...
Personal income and spending, Architecture billings, Congressional Resolution
March 26, 2021
With consumption as weak as it is, the latest fiscal adjustment probably won’t put much upward pressure on prices: The post Personal income and spending, Architecture billings, Congressional Resolution...
Mtg apps, durable goods orders, vehicle miles
March 25, 2021
Muddling through: The post Mtg apps, durable goods orders, vehicle miles appeared first on The Center of the Universe .
Consumer sentiment, retail sales, industrial production, homebuilder sentiment
March 17, 2021
Some improvement but remains weak: Looks ok to me: Not looking good: Not looking good: The post Consumer sentiment, retail sales, industrial production, homebuilder sentiment appeared first on The...
Housing starts and permits, mortgage purchase apps, LA port traffic
March 17, 2021
A setback to levels of the 1950’s when there were half as many people: Imports up, exports down: The post Housing starts and permits, mortgage purchase apps, LA port traffic appeared first on The...
Employment, imports, consumer borrowing
March 05, 2021
Employment increased more than expected last month but still looking anemic overall: Returning to normal, good for the global economy: The post Employment, imports, consumer borrowing appeared first on...
Jobless claims, ADP payrolls, ISM services, Vehicle sales
March 03, 2021
Employment growth has stalled: Not looking good: Also fading: The post Jobless claims, ADP payrolls, ISM services, Vehicle sales appeared first on The Center of the Universe .
Durable goods, pending home sales, personal income and spending, consumer credit
February 26, 2021
Back to 2018 levels with lots lost during the dip: Still drifting lower: Another round of Federal checks hit last month: The economy is generating less personal income than pre covid and fading: Some...
New home sales, mortgage purchase applications, bank real estate lending, crude oil prices
February 24, 2021
Settling in at perhaps somewhat higher levels: Promising! Not showing up here yet: No telling what the Saudis are up to: The post New home sales, mortgage purchase applications, bank real estate...
Consumer sentiment, unemployment claims, housing starts, lumber, retail sales, industrial production
February 19, 2021
Alarmingly high this long after the crisis and no longer moving lower: Seems ‘on average’ it’s hard to say much has changed: Though this looks promising: Tariffs and Covid related supply issues are...
Small business index, JOLTS, corn
February 09, 2021
Back to where it was pre Trump: New hires down, openings up some but that includes openings to replace higher cost workers: Exporting our food supply (in addition to turning it into motor fuel and...
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