Regional Fed Surveys Paint a Dreary Picture of Economic Growth….

Recent regional manufacturing data has been notably weak with the Philly Fed Survey posting -12.9, KC Fed posting +5, Richmond Fed posting -17, Empire State posting 7.4, and then today’s Dallas Fed survey at -13.   It all paints a picture of weakening trend growth.  The consensus reading is now pointing to a ISM reading below 50 (via @Not_Jim_Cramer):

(click for larger image)

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering research, private advisory, institutional consulting and educational services.

More Posts - Website

Follow Me:
TwitterLinkedIn

1 Comment

  1. best paid surveys says:
    08/01/2012 at 2:21 AM

    Excellent post. I used to be checking constantly this blog and I’m inspired! Very useful information particularly the remaining section :) I take care of such information a lot. I used to be seeking this particular info for a long time. Thanks and best of luck.