Research >> Economics
DJ-BTMU U.S. Business Barometer Unchanged
For the week ending May 30, 2009, the DJ-BTMU U.S. Business Barometer remained unchanged after posting a +0.4 percent increase in the prior week. In the latest week an increase in the production side of the barometer was offset by weakness on the consumer side. Since February, the barometer has consistently posted smaller and smaller declines and points to an approximately -2 percent decline in GDP for Q2 2009, a much slower pace of decline compared to the past two quarters, and perhaps the final quarter of contraction in the long recession that began in December 2007.
Posted: June 11, 2009 Thursday 10:00 AM