Pantheon Macroeconomics

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25th Aug 2021 00:10U.S., Economic Monitor

We expect both the infrastructure and social spending bills to pass, but the path is winding and arduous.

Downside risk for July durable goods orders today, thanks to the aircraft component; the core will be fine.

New home inventory is rocketing, so the rate of increase of prices is set to plummet.

August bill budget businesses capital goods construction December democrats durable goods fed growth January July mortgage orders production productivity republicans senate sentiment September supply tax total orders wage growth

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Keywords for: US 25 Aug 2021 The Infrastructure and Social Spending Bills will Pass, Eventuall

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