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New home inventory is high. Deals are out there. Builders offering lots of incentives. We call that a buyers market. However Millennials are not buying homes like their parents did. The demographic has changed. Data is like going to court and presenting "evidence". You act like a prosecutor, an over zealous one at that.
Permits to build additional properties increased 8.4% to a seasonally-adjusted annual pace of 1.336 million from June’s revised rate of 1.232 million. For permits, economists polled by MarketWatch expected a rate of 1.29 million. https://www.marketwatch.com/story/ho...ket-2019-08-16
Consumer spending up .7%. Lets put that in perspective rather than just post a number.
Consumer spending is 68% of the economy... that's about 15 trillion a year.
It's not new math... it's real and it's a sign of what we do with our earnings.
New home inventory is high. Deals are out there. Builders offering lots of incentives. We call that a buyers market. However Millennials are not buying homes like their parents did. The demographic has changed. Data is like going to court and presenting "evidence". You act like a prosecutor, an over zealous one at that.
Permits to build additional properties increased 8.4% to a seasonally-adjusted annual pace of 1.336 million from June’s revised rate of 1.232 million. For permits, economists polled by MarketWatch expected a rate of 1.29 million. https://www.marketwatch.com/story/ho...ket-2019-08-16
Consumer spending up .7%. Lets put that in perspective rather than just post a number.
Consumer spending is 68% of the economy... that's about 15 trillion a year.
It's not new math... it's real and it's a sign of what we do with our earnings.
Which is why consumer sentiment index today is concerning, it's way down.
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I started with facts and end with... a round house kick to the ribs. Kicking and screaming only ... is what little kids do. Feel free to dispute my reply or defend the lies.
From 98.4 to 97... which is the same (97) as it was in january of this year. Yes it's down, but could you define way down... historically?
From where it should be if one is proclaiming that the economy is great. That number seems to support the predictions of our economy heading downwards .
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From where it should be if one is proclaiming that the economy is great. That number seems to support the predictions of our economy heading downwards .
Greatness is a comparison to other economies. Is there another economy that is greater? and that's neat how you parlayed right into economy greatness from consumer sentiment.
Greatness is a comparison to other economies. Is there another economy that is greater? and that's neat how you parlayed right into economy greatness from consumer sentiment.
Sentiment is feelings
Greatness can be measured
Good point and one I always find difficult to reconcile with how Trump has been going on (for 30 years now) about how all these other countries are "taking advantage of us." Something like arguing the local cell phone retailer is taking advantage of Apple Computer...
Donald Trump's Been Saying The Same Thing For 30 Years
Been hearing much the same thing from conservatives for most of my life now as well, largely because of sentiments, feelings and ideology that is simply beyond reason or logic no matter the decade or POTUS. Goes the other way too of course. Ego, bias and preconceived notions trump facts, reason and logic (pun intended).
Why I marvel at how this thread continues to live on anyway...
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