Richmond Fed – Business Conditions Continue to Falter

December 23, 2009 11:48 am

The Richmond Fed survey of business conditions and manufacturing continues to falter. There is a disconnect as we are seeing a division in the three series that are usually correlated. Only the Philly Fed continues to show strength. It will be interesting to see the next reading from the Philly area.

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Disclosure: Horowitz & Company clients may hold positions of securities mentioned as of the date published.

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