Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still […] The post Job openings, hires, Manufacturers orders, real estate lending appeared first on Mosler Economics / Modern Monetary Theory .