Profit

US economy going through 'soft patch': Avalon Partners

PUBLISHED ON: June 2, 2011 | Duration: 8 min, 12 sec

  
loading..
Peter Cardillo, chief market economist at Avalon Partners, says the US economy is going through a 'soft patch' which is going to continue right through the next quarter. Manufacturing, construction and private sector jobs figures all showed weakness, adding to the gloom that recovery by the US economy is stalling as it did last summer.
ALSO WATCH
Is India Emerging As The New Global Superpower?

................................ Advertisement ................................

................................ Advertisement ................................