This week on “Inside the Economy”, we explore unemployment, housing, and the federal budget. Regarding employment, the JOLTS three-month moving averages are trending downward. Additionally, permanent job losers and persons completing temporary jobs increased by 1.4% in July. If this figure reaches 2%, what might it indicate for the economy? In other news, Freddie Mac’s report on home sale prices shows a decrease year-over-year. Which markets are experiencing greater reductions in home sale prices? Will the overall housing market reach 2009 lows? The Federal Reserve has not materially shrunk the stock of money despite interest-rate hikes. Given the current money supply overhang, can the government stimulate a recovery? Tune in to learn more!

Key Takeaways:

• ISM Survey at 46.8