Kansas City Fed Survey Misses For 8th Straight Month – Flashes Recessionary Signal

Thursday, August 27, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/27/2015

The last two times the Kansas City Fed survey was this low, the US was in recession.The KC Fed survey has missed expected for eight straight months, falling to -9 in August from -7 (missing the -4 estimate). Across the board, underlying components were ugly with Shipments collapsing, Order backlogs echoing earlier surveys in demise, New Orders tumbling, and Prices received crashing.

The Rest…HERE

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