May. Richmond Fed Mfg. Survey: -10, to 4 (above 0 = growth). Shipments -18 to 0, new orders -12...

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quinnman Comments (54)
 
LOL, CNBC still hasn't mentioned poor Richmond Fed results. No media bias, though
22 May 2012, 10:08 AM Reply Like

bbro Comments (7841)
 
"In spite of the recent moderation in activity, assessments for business activity over the next six months remained generally positive since our last report. Contacts at more firms anticipated that shipments, new orders, backlogs, capacity utilization, and capital expenditures would continue to grow at a solid pace."

Doesn't sound like recession talk....
22 May 2012, 10:14 AM Reply Like

youngman442002 Comments (4976)
 
is that down 10 to a new level of 4....thats a big drop...
22 May 2012, 10:17 AM Reply Like

schnydz Comments (43)
 
The only thing saving the survey was jobs. Curious how that number came to.
22 May 2012, 12:37 PM Reply Like