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Is Bad Weather Behind Weak US Economic Trends? - Frank Shostak -

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Beginning of the headline :Some key US economic data shows visible weakening. The National Association of Home Builders/Wells Fargo sentiment index slumped to 46 in February from 56 in January. The New York Federal Reserve Bank’s Empire State general business conditions index fell to 4.48 in February from 12.51 the month before. Also, the yearly rate of growth of housing starts fell to minus 2 percent in January from 6.6 percent in the month before. Whilst the yearly rate of growth for existing home sa... Read More

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