Manufacturers bartering prices for sales, shows March PMI
Cost inflation pressures continued to moderate with around 96% of those surveyed pointing to no change in cost burdens since February.
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Cost inflation pressures continued to moderate with around 96% of those surveyed pointing to no change in cost burdens since February.
Supply chains and investing in chip production and infrastructure. >> let me ask you about -- obviously who knows what happens from here. there are concerns out there, as you know as well, jared, about -- we go through these hot numbers. a lot of this growth is inventory restocking as opposed to necessarily new demand and you end up in a recession. you end up with that bad combination. you have rates going up, you have inflation, you have a recession. cnbc obtained a letter from david einhorn, hedge fund manager with green light capital. he says in part we believe inflation will cause a recess...
And now showing some signs softening a little bit as the inventory restocking has taken place, versus a depressed consumer sector. you've got nearly 10% unemployment and the last two weekly unemployment data shows many more people filing for new unemployment claims than had been expected and of course now with the expiration of the tax credit, consumers largest assets, their home seems to be unpressure. >> kelly: okay. david, thank you. real quickly you mentioned three things there that all portend some volatility in the market. you mentioned fragile. you mentioned manufacturing, as well as th...
Announcement could come as early as tomorrow. further reports citing sources who say toyota actually intends to start seconding parts to the dealers in the coming days to fix all those million functioning pedals, as we wrap up the first month of 2010, some financial analysts say we could see another selloff in the markets this week, next week. meantime new criticism about the 700 billion dollar bank bailout, some say it just isn't working, brenda buttner taking a look. >> reporter: some are taking a breather and some say they're running for con. janl the worst month in nearly a year. down 6% o...