Research >> Economics
DJ-BTMU U.S. Business Barometer up 1.9%
For the week ending January 10, 2009, the DJ-BTMU U.S. Business Barometer jumped up by +1.9 percent following two consecutive weeks of dramatic decline. The seasonally adjusted timing of annual auto plant shutdowns is causing large swings in auto production data as hefty double-digit increases in the latest week were preceded by hefty double-digit declines. Barring auto production, the barometer still would have increased by +0.9 percent in the latest week, solely on healthy increases in other areas of production, while the consumer side of the barometer was down across the board.
Posted: January 22, 2009 Thursday 10:01 AM