Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still […] The post Job openings, hires, Manufacturers orders, real estate lending appeared first on Mosler Economics / Modern Monetary Theory .
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared?Still a very high number- well above pre-Covid levels:
Back to pre-Covid trend line:
A slight decline for the month but still trending higher. No sign of recession here:
The rate of growth of bank real estate lending continues to increase since the rate hikes were initiated:
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The post Job openings, hires, Manufacturers orders, real estate lending appeared first on Mosler Economics / Modern Monetary Theory.
