- by New Deal democrat
My “Weekly Indicators” post is up at Seeking Alpha.
This is a good time for a reminder that very little of the high frequency data has been affected by the federal government shutdown, because almost all of it comes from the Fed or regional Feds, States, and private sources.
That data continues to paint a picture of continued expansion fueled by consumer spending, likely largely coming from stock market gains. At the same time, there are important signs that actual goods producing and transporting sectors are flagging, if not quite negative.
As usual, clicking over and reading will bring you as up to date as to the economy as possible, while rewarding me a little bit for my efforts.
