| Date | Prior | Current | Rating | |
| Chicago Fed National Activity_M/M | Sep-21 | 0.29 | -0.13 | C- |
| Dallas Fed Mfg_M/M | Oct-21 | 4.60 | 14.60 | C+ |
| Richmond Fed Mfg_M/M | Oct-21 | -3.00 | 12.00 | C+ |
| Kansas City Fed MFG_M/M | Oct-21 | 22.00 | 31.00 | C+ |
| Chicago PMI_M/M | Oct-21 | 64.70 | 68.40 | C+ |
| Durable Goods Orders_M/M | Sep-21 | 1.80 | -0.40 | C- |
| Core Capital Goods | Sep-21 | 0.50 | 0.80 | C+ |
| Case Shiller HPI_M/M | Aug-21 | 1.50 | 1.40 | C |
| FHFA HPI_M/M | Aug-21 | 1.40 | 1.00 | C |
| New Home Sales_M/M | Sep-21 | 740K | 800K | C+ |
| Pending Home Sales_M/M | Sep-21 | 8.10 | -2.30 | C- |
| State Street Investors Confidence_M/M | Oct-21 | 105.90 | 114.40 | C+ |
| Consumer Confidence_M/M | Oct-21 | 109.30 | 113.80 | C+ |
| Consumer Sentiment_M/M | Oct-21 | 71.40 | 71.70 | C |
| Personal Income_M/M | Sep-21 | 0.20 | -0.10 | C- |
| Personal Spending_M/M | Sep-21 | 0.80 | 0.60 | C |
| RedBook_W/W | 10/23/2021 | 15.10 | 15.60 | C+ |
| Jobless Claims_W/W | 10/23/2021 | 290K | 281K | C+ |
| GDP_Q3 | Q3 | 6.70 | 2.00 | C- |
MFG is somewhat mixed but overall positive. Durable Goods took a hit while Core Capital showed growth.
Housing prices are still on a tear. High double digit annual growth.
New Home Sales are at a decent level while Pending took a hit.
GDP remains positive but showed significant moderation. A bit concerning, but we are largely opened. Need some of these jobs to get filled while still available.
Consumers are steady to good and Investors cheered up quite a bit.
Jobless Claims have settled into a very low range. Certainly good news.
Income down slightly and spending up. They're finding the money somewhere. Let's watch for Consumer Credit.
In light of the GDP, I'll go with a reluctant C+ for the week.
Thanks much Tim!
The housing market is incredible. How long do you think this might last?
I honestly don't know MM, and I am not sure what to use to predict. The supply chain issue has to end first I think. Material is not only far more expensive, it's also hard to get.
Of course, a recession is not out of the question, and that would end it real quick. But we aren't in the danger zone yet. Just a few warning signs right now.