Do weaker data show recovery is stalling?
WASHINGTON (MarketWatch) -- After several months of improvement in housing, manufacturing and sales, the U.S. economic recovery appeared to sputter in October, leading investors and analysts to re-evaluate whether their forecasts were too rosy. The economic data to be released in the holiday-shortened week ahead could provide a few more "what-were-we-thinking?" moments. All in all, though, the data shouldn't kill hopes for modest growth while we wait for the private sector to start hiring again. Last week, a "reality check" rippled through the markets following weak data on housing starts and industrial production, said Nigel Gault and Brian Bethune, U.S....
Original Article: Forum: News/Activism
Tags: Bethune, Data Recovery, Economic Data, Economic Recovery, Gault, Housing Starts, Investors, Marketwatch, Private Sector, Reality Check, X22