Is the US economy booming ?

3.6% unemployment !

The US economy 

must be booming !

Well, let's not jump 

to any conclusions:

--- 

April 2019 

Household Employment 

Survey reflected 

300,000 fewer jobs

than in December 2018

--- 

April 2019 

U.S. auto sales estimated

to be down 6.1 percent.  

The worst decline

 in 8 years.

--- 

The largest crash in luxury 

( over $2 million ) home sales 

in about 9 years.

--- 

Existing home sales 

fell 13 months in a row.

--- 

March, 2019 total 

residential 

construction 

spending down 

8.4 percent 

year-over-year

-- 

1Q 2019 

U.S. manufacturing

output  was down

1.1 percent  

from prior quarter

-- 

U.S. retailers 

announced 

more than 6,000 

store closings, 

so far in 2019, 

already surpassing 

FULL YEAR  2018 !

-- 

Credit card charge-offs 

at U.S. banks 

are the highest 

in almost 7 years.

-- 

Credit card delinquencies 

are at the highest level

in almost 8 years.

-- 

More than half a million 

Americans are homeless.  

Homelessness in New York City, 

Los Angeles and San Francisco,

is the worst in over 70 years.