No. 867: Economic Update, January Freight Index, New- and Existing-Home Sales
Mixed Signals on Economic Bottoming
Is a Second Bottom at Hand for the Economic Collapse into 2009?
Freight Index Annual Growth Moved Higher for Second Straight Month
Broad Economic Activity Remains in Low-Level Stagnation,
Never Having Recovered Its Pre-Collapse Peak
In Ongoing Double-Dip Downturn, Industrial Production Is Two Months Shy of
Matching the 113-Month Duration of the Double-Dip Great Depression
January New- and Existing-Home Sales Monthly and Annual Gains
Continued in the Context of Low-Level, Broad Stagnation