NBJ price index down 25% so far this year
Economic stimulus checks began hitting mailboxes and bank accounts this month, and not a second too soon for the ailing stock market. Though some highgrowth companies have had a successful year to date, many retailers are feeling the financial pinch. While three of the major indices are up since February, all are tracking below their 2007 close. The NBJ Price Index is down 20% since February and 25% since year’s end. The Supplement Manufacturers & Marketers segment has posted the only gain for 2008; with the six other NBJ-defined segments showing negative growth.
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