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.


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

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