Research >> Economics
DJ-BTMU U.S. Business Barometer down 0.2%
For the week ending August 7, 2010, the DJ-BTMU U.S. Business Barometer declined by -0.2 percent on top of -0.1 percent in the prior week. While the consumption side of the barometer held up with a gain in inflation-adjusted chain store sales, mortgage applications and demand for utilities, the production indicators continued to slide. Lumber, truck, and auto production lost ground in the latest week, as did overall business activity as measured by the number of railcar loadings. The slowdown of late in the production side of the barometer is mirroring what we’ve seen in recent manufacturing surveys that show the sector is expanding, but at a slower rate.
Posted: August 19, 2010 Thursday 10:00 AM