Philly Fed Collapses To Lowest Since Feb 2013 As ‘Hope’ Crashes

by Tyler Durden
ZeroHedge.com
12/17/2015

Following last month’s bounce, driven by a surge in ‘hope’, The Philly Fed collapsed to -5.9 (dramaticlaly missing expectations of +1.0) and hitting its lowest levels since Feb 2013. With ‘hope’ plunging back to its lowest levels since Dec 2012, there was little to support the dream as Prices Paid and Received plunged, and New Orders cratered to 3 year lows. Future CapEx expectations crashed as did workweek and employment outlooks.

The Rest…HERE

This entry was posted on Thursday, December 17th, 2015 at 10:12 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.