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The Pulte Group, Inc., a New York Stock Exchange-traded corporation, is preparing for a briefing of investment analysts to be held in September 2011. As a member of the investor relations staff, you have been asked to prepare an overview of U.S. economic data that might help to explain Pulte's second quarter loss of $55 million, or $0.15 per share. Revenues for the second quarter were down 29% versus the same period in 2010. You plan to access the most reliable economic data available, prepared by the Bureau of Economic Analysis of the U.S. Department of Commerce.

Based on this data, do you believe Pulte Group has kept pace with economic changes? Why or why not?

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9494929

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