How come we always hear about pent up demand but we never hear about pent down demand?
Click to enlarge.
I've added an exponential trend line in red.
Source Data:
St. Louis Fed: Light Weight Vehicle Sales: Autos & Light Trucks
St. Louis Fed: Vehicle Miles Traveled
Wednesday: Architecture Billings Index
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Unimpacted by New Executive Orders
Bonds were thus able to hold onto the...
6 hours ago
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