by Glenn Busch
October 25, 2011
The good news bad news see-saw continues for the U.S. economy. Yesterday The Chicago Fed showed a gain and then this morning the Federal Reserve Bank of Richmond released their manufacturing survey for the central-Atlantic region and it came in weak again.
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by Glenn Busch
August 23, 2011
In August, the seasonally adjusted composite index of manufacturing activity—our broadest measure of manufacturing—declined nine points to -10 from July’s reading of -1. Among the index’s components, shipments lost sixteen points to -17, and new orders dropped six points to finish at -11, while the jobs index inched down three points to 1.
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