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Brusuelas Says Homebuyers `Caught in Grip of Deflation': Video

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Aug. 25 (Bloomberg) — Bloomberg economist Joseph Brusuelas discusses July U.S. new home sales, which fell 12 percent from June to an annual pace of 276,000, the lowest level on record. Brusuelas, speaking with Margaret Brennan on Bloomberg Television’s

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category: Business
channel: Bloomberg
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Brusuelas Says Homebuyers `Caught in Grip of Deflation': Video

Aug. 25 (Bloomberg) — Bloomberg economist Joseph Brusuelas discusses July U.S. new home sales, which fell 12 percent from June to an annual pace of 276,000, the lowest level on record. Brusuelas, speaking with Margaret Brennan on Bloomberg Television’s "InBusiness," also discusses durable-goods orders data and Federal Reserve policy outlook. (Joseph Brusuelas is a Bloomberg economist. The opinions expressed are his own. Source: Bloomberg)