The Empire Falls: Economy Stumbles

Category: Newsletter, Speculator, US Economy | No Comments

Since 2001 the New York Federal Reserve has compiled a manufacturing survey of the NY Empire State. It moves in step with most other Fed district surveys and provides a good measure of the industrial sector.  After rising from a near recessionary collapse in early 2016 to historic growth and optimism in 2017 and 2018, the Empire…

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