Business Is “Worst Since The 80s Recession” – Kansas City Fed Survey Crashes To 7-Year Lows

Thursday, February 25, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
02/25/2016

The Kansas City Fed Composite Index has not been positive for 13 months and February’s below expectations print of -12 is the worst since April 2009. Both MoM and YoY, every single component of the KC Fed survey is down, and down hard with employment-related indicators collapsing. As one respondent exclaimed, >“Business is off at levels not seen since the recession of the early 1980’s.”

The Rest…HERE

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