Research >> Economics
DJ-BTMU U.S. Business Barometer up 0.1%
For the week ending May 2, 2009, the DJ-BTMU U.S. Business Barometer eked out a +0.1 percent gain with 80 percent of the barometer’s components posting improvement. Consumers seemed more upbeat and showed it by shopping, home buying, and going to the movies. Truck production plummeted in the latest week and more losses in this sector are expected as Chrysler shuts down factories and moves through bankruptcy. So far the barometer is showing another decline in GDP for Q2 2009, but at a much lesser rate than the past two quarters.
Posted: May 14, 2009 Thursday 10:00 AM