Richmond Fed Manufacturing Survey Collapses By Most On Record
by Tyler Durden
ZeroHedge.com
Aug 23, 2016
Following flash PMI’s drop, another early August indicator has collapsed as Richmond Fed’s manufacturing survey plunges to -11 (lowest since Jan 2013) missing expectations of +6. The plunge from July’s +10 to August’s -11 is the largest on record – back to 1993.
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