h***b
发帖数: 1233 | 1 【 以下文字转载自 Living 讨论区 】
发信人: hkmbb (hkmbb), 信区: Living
标 题: Weak US economic data...
关键字: real estate,mortgage,interest,economy,irvine
发信站: BBS 未名空间站 (Wed Jun 1 14:49:22 2011, 美东)
Weak US economic data confirmed recovery has slowed down dramatically--
1. GDP growth was @ 1.8% in Q1;
2. ADP private sector job report shows addition of only 38k jobs vs ~200k in
prior months;
3. manufacturing activities report (ISM) declined in May to 53.5% vs 60.4%
in April( < 50% reading indicates contraction), lowest level in 13 month;
4. y'day, consumer confidence reading was 60 vs expectation of 67
5. looking abroad, Chima manufacturing activities fell to the slowest pace
in 9 mo--partly due to gov't intervention, and Australia's Q1 GDP was 1.2%
the largest decline in 20 yrs. though rebound is expected after the massive
flooding;
Some of the above can be contributed to earthquake & tsunami in Japan, flood
in Australia, gov't intervention in China, but all in all, US economy is
growing at a less than robust pace many had expected.
the slew of negative news was too much for the equity mkt to swallow--bad
day for stocks, oil, US$ yet w/ the single largest beneficiary being da
Treasury--rates are near last Nov lows (chart source: Yahoo Finance). good
news for mortgage holders looking to refi... :p
欢迎访问＂言之有屋＂Irvine Mortgage & RE 俱乐部
http://www.mitbbs.com/club_bbsdoc/charles.html |
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