Housing rebounds - time to call off the recession? Guest: Warren Pies
Macro Mondays
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The Implications of the US Recession
We're yet to see any weakness really in terms of construction employment or how far I'm from a recession given that indicator. So we're trying to reverse engineer and come up with when we'll hit that number. And as you said, we're down very slightly from the peak a few months ago on residential payrolls,. But we're not moving in any way fast enough to have a recession this year.
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