Navigate: Home Market Today

By Jun 10, 2009, 2:28 AM 

Surging unemployment in the U.S. will delay a recovery in consumer spending and mute the rebound when it does materialize, according to a Bloomberg News survey. Household purchases will drop this year more than previously estimated. The survey also showed unemployment will average 9.8% in 2010, compared with the 10.3% the government used in its stress test.

Leave a Comment

Our Partners: