Empire State Manufacturing Survey Strikes Back! Falls 14.7%, Back To Great Recession Level

The Empire Strikes Back!

The Empire State Manufacturing Survey of General Business Conditions fell 14.67% in September. the second month in a row for -14+% declines.


The rest of this morning’s economic news was pretty …. meh. Industrial production fell by the most in three years.


I wonder what Lockhart, Fischer, Yellen and Dudley are thinking right about now?


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