Saturday, February 21, 2009

Media Missed Really Awful News on Industrial Production

Most people probably missed the incredibly bad news on industrial production that the Fed released on Wednesday because the media gave it very little attention. The Fed reported that output in manufacturing fell 2.5 in January. It revised the December decline downward by 0.6 percentage points to 2.9 percent.

read more | digg story

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11-23-2024 B