Housing: You can’t talk about the economy without talking about housing and Brian Beaulieu of ITR Economics has a few words on the subject. The hot market we enjoyed during the pandemic has cooled and may be taking a rest over the next year. Check his one-page analysis What’s Up with Housing?
More, but less: Check out Dr. Brian Wesbury’s latest take on August Retail Sales. He points out “Retail sales rose 0.3% in August, but the underlying details were not as solid as the overall headline number suggests…Yes, consumers are spending more, but they are not taking home the same amount of goods.” Check out his one page analysis of “August Retail Sales.
Dr. Wesbury’s weekly High Frequency Data Tracker comparing data year over year can be found here