THE WIDE WORLD OF TRADE REPORT
4 WIDE WORLD OF TRADE REPORT
BELL WEATHER: HOMIES ON STEEL HORSES
DATES: 2nd Wednesday every twelfth part
SCRIPT AND RELATIVITY: All in one statistics involving residential homes sales and residential home maintenance and automobile sales. Basis of report New cars sales, Retail auto parts, Junkyard action, Durable goods, Retail home Construction , Landscaping service sales/contracts, Residential foreclosures, Building permits, Housing starts
MAKE: The report reflects the quality of life in residential communities in the largest economy.
FINDINGS: New Car sales average as luxury car sales have strengthened Retail auto parts contribute adequate spending for the economy. Junk yard action is positive. Durable are average an balance out in the Midwest portion of the US. Retail Home Construction are positive as interest rates remain low, though the guess expects weakness. Building and Housing starts are positive. Foreclosures but negative pressure on this portion of the HOMIES ON STEEL HORSES bellwether due to modifications failing.
FEATURE: The direct reflection of middle class economic movements. The reports proves major concerns in the economy as the fear of rising energy cost may further hamper GDP
NOW(+) GUESS(-) BEFORE