The Overshoot

Share this post

Charting the latest U.S. retail and manufacturing numbers

theovershoot.co

Charting the latest U.S. retail and manufacturing numbers

Some good news and bad news

Matthew C. Klein
Jul 16, 2021
Share this post

Charting the latest U.S. retail and manufacturing numbers

theovershoot.co

American consumer demand continues to rebalance from durables to services even as total spending on goods remains elevated. But manufacturers are having a harder time restoring production, with the motor vehicle sector in particular having another nasty month thanks to the shortage of critical microprocessors.

The Federal Reserve Board published its esti…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2023 Matthew C. Klein
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing