Consider the timing of reporting, October 2008 and now
I believe it stands to reason that said recession will deepen before we see improvement
By Ian R. Campbell —— Bio and Archives--August 9, 2012
Canadian News, Opinion | Comments | Back To Full Article
Today’s Detailed Commentaries
World >> Statistics: Consider the timing of reporting
Last week U.S. home prices in May were reported by S&P/Case-Shiller. The composite 20-city home price index, said to be ‘a key gauge of U.S. home prices’, was reported to be up 2.2% in May from April, and down 0.7% from May, 2011. This has generally been seen as good news – a possible ‘green shoot’ in the U.S. field of soggy economic ground as it were.
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