Westpac Economic Update: 27 November 2009

Westpac Senior Economist Andrew Hanlan comments on this week's economic news. Topics include the construction and building sector, business capex survey, housing sector and housing finance, business investment, manufacturing investment. Updated 27 November 2009.



http://www.youtube.com/watch?v=tSLpQ4dzeXs&hl=en

ADP: US private sector shed 250,000 jobs in November

EmploymentCrossing.com According to a private payrolls report the US private sector lost 250000 jobs in November alone, thats the largest decline in six years. The ADP National Employment Report says the job loss again was lead by the goods producing sector, which posted its 24th consecutive monthly decline. Nonfarm private employment dropped 250000 from October to November exceeding analysts forecast of 200000 job losses. The ADP also revised the October job loss from 157000 to 179000 ...



http://www.youtube.com/watch?v=AgBj7aknA2c&hl=en