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    Recessionary outlook - Philly Fed


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    Join date : 2010-02-20
    Location : Boston area

    Recessionary outlook - Philly Fed

    Post  beejean on Sun 19 May 2013, 2:03 pm

    Recessionary outlook - Philly Fed

    Thanks to Mish's Global Economic Trend Analysis for the information about the recessionary dip impending.

    Key May Index Numbers

    Business Conditions: -5.2
    New Orders: -7.9
    Shipments: -8.5
    Unfilled Orders: -9.3
    Number of Employees: -8.7
    Average Workweek: -12.4

    Margin Squeeze

    Price Paid +6.9
    Prices Received -3.3

    the link is on under title Philly Fed slips into Contraction (again)

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