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

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.”

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