Research >> Economics
DJ-BTMU U.S. Business Barometer increased by 0.3%
For the week ending August 29, 2009, the DJ-BTMU U.S. Business Barometer rose +0.3 percent for a second consecutive week. Thanks to inventory building, which kicked in as expected in the third quarter, the barometer posted back-to-back monthly increases in July and August – something that hasn’t happened since December 2007/January 2008. The production side of the barometer is on a tear, yet consumption has also been holding its own. All in all, with one month to go in the third quarter it appears the U.S. economy is set to post growth of around +2.0 percent, it’s first quarter of growth following four consecutive quarters of decline.
Posted: September 10, 2009 Thursday 10:00 AM