posted on Sep, 26 2011 @ 09:58 AM
WASHINGTON (MarketWatch) -- The Dallas Fed's general business activity fell in September to -14.4 from -11.4, the fifth month in a row the index
of manuacturing was negative. However, many of the subcomponents rose, including production and shipments.
Just saw this come out on marketwatch. There's not much in the article yet, just that above. I think the Philly Fed reported some bad numbers not too
long ago to.
From what I see and understand so far from the article, business in general in the Dallas Fed's area fell even more into the negative for the month,
but production and shipments rose. Im guessing this means overall, business has been contracting?
ETA - Does anyone know if the other Fed's around the country have released their manufacturing gauges for this month yet?
edit on 26-9-2011 by
buni11687 because: (no reason given)