Recession Back On: NY Fed Manufacturing Unexpectedly Craters In 2nd Biggest Drop On Record

Aug 15th 2022 8:51am EDT

Recession Back On: NY Fed Manufacturing Unexpectedly Craters In 2nd Biggest Drop On Record So much for any optimism that the US economy can avoid a hard landing. One (business) day after the UMich survey hinted that economic optimism is set to jump amid collapsing inflation expectations, moments ago the New York Fed’s Empire State […]

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