Stay updated with breaking news from David specca. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Well xblor. A weaker than expected report on manufacturing out this morning. Will this change the feds mind about the strength of the economy . Steve liesman joins us now. Were looking at a contraction here. In the Manufacturing Sector. The belief is that fed will look through this week, at least for a while in manufacturing. The reason is because it seems the result of a crash in the oil and gas industry, a strong dollar and weak overseas growth all risks the fed knew before the report. The numbers were coming in at 48. 6, a level that is contraction in manufacturing. You need 43 for it to be a contraction in the economy. It is the lowest level since 09. New orders, production is declining. Back logs in exports remain at low levels. Heres some comments from respondents that they made public. One says the down turn in china and european markets are negatively effecting our business. Another says the strong dollar is slowing ....
Can a Farm Generate Solar Power and Blueberries at Once? dailyyonder.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyyonder.com Daily Mail and Mail on Sunday newspapers.