US Tumbles Into Manufacturing Recession With Abysmal Chicago PMI Report

by Tyler Durden
ZeroHedge.com
12/31/2015

America has never – ever – avoided a recession when Chicago’s Business Barometer has collapsed to these levels. At 42.9, missing the expectations of 50.0 by the most ever, down from 48.7 in November, the final US economic data point of the year sums up perfectly what a disaster Yellen has hiked rates into.

The Rest…HERE

This entry was posted on Thursday, December 31st, 2015 at 11:32 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.