Philly Fed “Bounce” Plunges To 2015 Lows, Employment Tumbles

by Tyler Durden
ZeroHedge.com
07/16/2015

After June’s hope-strewn dead-cat-bounce, Philly Fed has plunged back to the lows of the year. Printing 5.7, missing expectations of 12.0, this is the biggest miss since January. It appears the weakness in Q1 (and Q2) and now Q3 was more than just weather… or port closures… as the employment index plunged to its lowest since January.

The Rest…HERE

This entry was posted on Thursday, July 16th, 2015 at 10:14 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.