Fed's National Activity Index Crashes Into Deep Recession Territory
Apr 20th 2020 10:25am EDT
Fed’s National Activity Index Crashes Into Deep Recession Territory On the heels of ‘hard’ data crashing (retail sales, industrial production, and employment) and ‘soft’ data seeing all hope evaporating with regional Fed surveys collapsing at record pace, it is not surprising that The Fed’s National Activity Index has also suddenly imploded. Regional Fed Surveys have […]
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