The Traderszone Network

Published in TZ Latest News 19 April, 2015 by The TZ Newswire Staff

Forget The Snow, It’s The Drought That Is Crushing The US Economy

With all eyes and talking heads focused on the ‘weather’, it seems cold, wet, snowy, and frigid are the most GDP-destructive adjectives. However, as Bloomberg reports, the drought out West is starting to infiltrate U.S. housing data, according to the chief economist of a homebuilders’ group, and weakening a major part of the nation’s economy.

 

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