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

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

This entry was posted on Thursday, February 25th, 2016 at 12:56 pm and is filed under Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.