Research >> Economics
DJ-BTMU U.S. Business Barometer down -0.7%
For the week ending April 11, 2009, the DJ-BTMU U.S. Business Barometer gave up its gain in the prior week by dropping -0.7 percent. Following five consecutive weeks of gains in which homebuyers dove in to take advantage of the best buying conditions in nearly 20 years, mortgage purchase applications dove in the week ending April 11th falling by a little more than 11 percent. By far, however, car and truck production represented the heaviest weight on the barometer in the latest week, knocking off a combined -0.4 percentage points.
Posted: April 23, 2009 Thursday 10:00 AM