Collapse in Philly Fed Manufacturing Index; Current Outlook, New Orders, Unfilled Orders in Contraction; Profit Squeeze is On

Economic activity continues to slow nearly everywhere you look. Today's look-see is in the Philly Fed Business Outlook Survey. Responses to the Business Outlook Survey suggest that regional manufacturing activity weakened in June. The survey’s indicators for activity and new orders turned negative this month, while indicators for shipments and employment fell but remained slightly [...]

© 2012 Global Economic Trend Analysis Suffusion theme by Sayontan Sinha