Research >> Economics
DJ-BTMU U.S. Business Barometer up 0.1%
For the week ending May 9, 2009, the DJ-BTMU U.S. Business Barometer remained unchanged compared to an upward revised increase of +0.2 percent in the prior week. Surprisingly, auto and truck production did not weigh on the barometer in the latest week even though all of Chrysler’s North America plants were shuttered due to bankruptcy restructuring. So far the barometer points to an approximately -2 decline in GDP for Q2 2009, a much slower pace of decline compared to the past two quarters.
Posted: May 21, 2009 Thursday 10:00 AM