Research >> Economics
DJ-BTMU U.S. Business Barometer gained +0.1%
For the week ending October 4, 2008, the DJ-BTMU U.S. Business Barometer gained +0.1 percent following three consecutive weeks of hefty losses. The deepening financial crisis has squeezed the U.S. economy into contraction in the second half of the year. The business barometer points to negative growth in the real economy in Q3 (which BTMU has pegged at -0.3%) with another contraction in Q4 looking more likely with each passing day.
Posted: October 16, 2008 Thursday 10:09 AM