Research >> Economics
DJ-BTMU U.S. Business Barometer up by 1.3%
For the week ending December 19, 2009, the DJ-BTMU U.S. Business Barometer jumped by +1.3 percent following an unchanged reading in the prior week. Motor vehicle and lumber production surged during the week and inflation-adjusted chain store sales remained strong. Overall business activity accelerated greatly in the latest week with railroad freight carloadings rocketing by +6.0 percent. With only one data point left in 2009, fourth quarter economic growth continues to look stronger and stronger with the barometer implying close to a 4 percent pace compared to the downward revised +2.2 percent in Q3.
Posted: December 31, 2009 Thursday 10:00 AM