Research >> Economics
DJ-BTMU U.S. Business Barometer jumped 0.4%
For the week ending November 27, 2010, the DJ-BTMU U.S. Business Barometer jumped by +0.4 percent, increasing for a fourth consecutive week. As expected, inflation-adjusted chain store sales surged in the week that included Thanksgiving’s cyber sales, Black Friday, and Cyber Monday. All in all, retailers reported a very successful holiday sales weekend. But the main boost to the latest data point for the barometer came from auto and truck production where automakers limited holiday shutdowns and instead scheduled plant overtime, resulting in a seasonally adjusted boom.
Posted: December 9, 2010 Thursday 10:00 AM