Richmond Fed Business Survey Crashes In February As New Orders Collapse
Feb 25th 2020 10:10am EST
Richmond Fed Business Survey Crashes In February As New Orders Collapse After a shocking surge in January (from -5 to +20), Richmond Fed’s manufacturing survey has crashed back to earth in February, plunging back into contraction at -2 (drastically missing the expectation of +10)… Source: Bloomberg That was worse than the lowest estimate from analysts […]
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