Philly Fed Suffers Worst Run In 3 Years, All Sub-Indices Collapse

Thursday, March 19, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/19/2015

Philly Fed hasn’t missed for 4 months in a row since Feb 2012. Printing at 5 (against expectations of 7) the March Philly Fed data is the weakest since Feb 2014. Under the covers it was even uglier… Employees, Average Workweek, New Orders, Prices Received, and Shipments all plunged. Great news for the stock market bulls… yet another dismally bad data item to keep The Fed from hiking.

The Rest…HERE

This entry was posted on Thursday, March 19th, 2015 at 10:22 am and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.

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