Perhaps you are tired of this headline, let me cut the long story short. The number is quite bad in Q1 '09 because it sank by 6.1%(Q4 '08 6.4%). The good signs in the bad number are these:
1. Rebound in consumer spending
2. The inventory correction has been too steep. Soon businesses will have to produce something.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHyjnZCJkYIU&refer=home
Wednesday, April 29, 2009
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