US Economy Seen as Horror Show as Data Fall Off Cliff

Discussion in 'Economy' started by M.D. Rawlings, Jun 2, 2011.

  1. M.D. Rawlings
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    M.D. Rawlings Classical Liberal

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    Thursday, 02 Jun 2011 09:35 AM
    By Forrest Jones
    MONEYNEWS.COM


    Excerpt:

    "U.S. house prices have fallen by more than 5 percent year on year, pending home sales have collapsed and existing home sales disappointed, the trend of improving jobless claims has arrested, first-quarter GDP wasnÂ’t revised upwards by the 0.4 percent forecast, durables goods orders shrank, manufacturing surveys from Philadelphia Fed, Richmond Fed and Chicago Fed were all very disappointing," says Riddell, according to CNBC.​

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  2. william the wie
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    william the wie Gold Member

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    Bit late to the party this about the third or fourth thread on this theme.
     
  3. M.D. Rawlings
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    M.D. Rawlings Classical Liberal

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    Nah. Always makes sense to reiterate lefty's incompetence. :razz:
     

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