The favorite adverb of major news organizations when describing dreary economic news since 2009. It is believed to have originated around May 19, 2009, when Reuters reported "new U.S. housing starts and permits unexpectedly fell to record lows in April . . . denting hopes that stability in the housing market was imminent." Has since been incorporated into the style book of the Associated Press, as well as other journalistic entities.
Anticipated to remain in the forefront of economic reporting until the end of 2016, when it will "unexpectedly" disappear from the landscape.
"The pace of expansion in the U.S. manufacturing sector unexpectedly slowed in March, according to an industry report released on Monday."--Reuters, 4/1/13
"U.S. manufacturing unexpectedly contracted in November, falling to its lowest in over three years ..."--Reuters, 12/3/12
"Previously owned U.S. home sales unexpectedly dropped in March as a lean supply of properties kept the industry from generating a stronger recovery."--Bloomberg, 4/22/13
" Employers added fewer jobs than forecast in November and the unemployment rate unexpectedly increased ..."--Washington Post, 12/3/10
Prices shown in USD.
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