NY Manufacturers’ Business Activity Declined

The Empire State Manufacturing Survey for January Shows Business Activity Declined at the Fastest Pace Since 2008 The report indicates that New York manufacturers' business activity declined at the fastest pace since 2008…The Great Recession. The new orders and shipments indexes plummeted, indicating a steep decline in both orders and shipments. US Raw Steel Production Rose US raw [...]

2016-02-22T07:02:47-05:00A View|

Slow Growth, Headed in Right Direction

The Chicago Fed National Activity Index (CFNAI) Released Tuesday 11/12/13, the index increased to +0.14 in September from +0.13 in August. The Index’s three month moving average (CFNAI-MA3) increased to -0.03 in September from -0.15 in August, marking its seventh consecutive reading below zero. September’s CFNAI-MA3 suggests that growth in national economic activity was slightly [...]

2013-11-15T21:49:57-05:00A View|

Good Economic News

Monday September 16, 2013 another tragedy in America 12 people murdered at the Navy Yard outside Washington, DC. The shooter was killed though now it is unlikely we will learn of his twisted motivation to commit such a cowardly act on innocent people. How did he get past security? He had a couple of firearm [...]

2013-09-20T20:30:02-04:00A View|

Manufacturing Output: 9 Up, 10 Down

Last Friday (2/15) the Board of Governors of the Federal Reserve system issued a revision to the January 2013 industrial production numbers which showed a contraction of 0.1 percent after having risen 0.4 percent in December and 1.7 percent in November. For the fourth quarter as a whole, manufacturing production as a whole, is now [...]

2013-02-22T22:08:25-05:00A View|

Mixed Signals

Happy days ... today marks the first day of winter. We have not had any measurable snow in Cleveland yet this season, however, a strong storm is bearing down on us from the plains. It is likely we will get snow today and through the weekend. The good news is now the days will begin [...]

2012-12-21T21:52:42-05:00A View|
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