Monday, March 17, 2008

New York Manufacturing Weak

The New York Fed's Manufacturing index level was at -22.13 in March, it was at -11.72 in February.  This is the lowest for the index.  The previous low was -19.6 in November 2001.  Yes, lower than 2001!

Are there any "economists" left out there who think we are not in a recession?  

No comments: