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Unemployment claims, trade, vehicle sales

Still way above the 200,000 pre covid levels. Makes me wonder why so many people are still losing jobs: Weaker imports is likely a sign of a weaker US consumer: And oil isn’t much of a factor anymore: This is seriously low as supply issues continue: Dried-Up Inventory Sinks U.S. Light-Vehicle Sales in August :: […] The post Unemployment claims, trade, vehicle sales appeared first on Mosler Economics / Modern Monetary Theory .

Still way above the 200,000 pre covid levels.
Makes me wonder why so many people are still losing jobs:


Weaker imports is likely a sign of a weaker US consumer:


And oil isn’t much of a factor anymore:

This is seriously low as supply issues continue:

Dried-Up Inventory Sinks U.S. Light-Vehicle Sales in August :: Wards Intelligence (informa.com)

August’s annualized rate was tracking about one million units higher until the inventory-drain worsened enough that sales nosedived at the end of the month, which does not bode well for the upcoming Labor Day weekend (as well as entire-September), when the market usually gets a boost from holiday deals and promotions.

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The post Unemployment claims, trade, vehicle sales appeared first on Mosler Economics / Modern Monetary Theory.

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