Nov 23, 2015

Empire State Manufacturing: Biggest Losing Streak Outside of a Recession

This is the fourth straight month in a row that it`s been down and all of the components were very weak. This is the biggest losing streak for this index outside of a recession. So, maybe we are in a recession and that is why we are getting readings that are consistent with a recession or the recovery is so weak that its like a recession.

Blog Archive