Dems need to pray a little harder for the recession they so dearly want.
https://www.calculatedriskblog.com/2019/04/housing-and-recessions.html
For the economy, what we should be focused on are single family starts and new home sales. As I noted in Investment and Recessions "New Home Sales appears to be an excellent leading indicator, and currently new home sales (and housing starts) are up solidly year-over-year, and this suggests there is no recession in sight."
https://www.calculatedriskblog.com/2019/04/housing-and-recessions.html
For the economy, what we should be focused on are single family starts and new home sales. As I noted in Investment and Recessions "New Home Sales appears to be an excellent leading indicator, and currently new home sales (and housing starts) are up solidly year-over-year, and this suggests there is no recession in sight."