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More on the big Richmond Fed miss: New Orders tumbled to -15 from +9. Shipments to -15 from 11....

More on the big Richmond Fed miss: New Orders tumbled to -15 from +9. Shipments to -15 from 11. Backlogs -24 from -1. Employees unchanged at 0. Average workweek +2 from +11. Expectations look a little better, with New Orders and Shipments both higher in July than June. (full report)
Comments (5)
  • winningtrader
    , contributor
    Comments (2476) | Send Message
     
    Does that mean that instead of tapering we are going to get a bigger QE infinity at 100 billion per month?
    23 Jul 2013, 10:25 AM Reply Like
  • montanamark
    , contributor
    Comments (1446) | Send Message
     
    LOL - the "recovery" gathering steam
    23 Jul 2013, 10:34 AM Reply Like
  • winningtrader
    , contributor
    Comments (2476) | Send Message
     
    It is like a snowball gathering steam ... melting in front of our eyes that is.
    23 Jul 2013, 11:19 AM Reply Like
  • Macro Investor
    , contributor
    Comments (9050) | Send Message
     
    QE.[D]
    23 Jul 2013, 12:15 PM Reply Like
  • mobyss
    , contributor
    Comments (2189) | Send Message
     
    Glad to see that "Summer of Recovery 4.0" is going so well.
    23 Jul 2013, 12:19 PM Reply Like
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