“This Is A Recession(Depression)” – Dallas Fed Workweek Hits 7-Year Low
by Tyler Durden
ZeroHedge.com
Jun 27, 2016
The Dallas Fed Business Outlook has now been in contraction for 18 straight months. The underlying components are mixed but the average workweek has collapsed back to its lowest since Nov 2009. As one respondent noted, “This is a recession… Fed policy has us locked into a lethargic and tenuous position… We cannot have millions of people out of the workforce and be healthy economically – they are a burden not a benefit.”
The Rest…HERE
