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1/24/13, "Kansas City Fed Manufacturing Unexpectedly Falls To -2," Business Insider, Matthew Boesler
"We've seen some really ugly prints from other regional manufacturing indices this month."...
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1/24/13, "Kansas Fed Joins NY, Philly And Richmond Fed In Contracting; Employment Index Drops To 2009 Levels," Zero Hedge
"We are now four-for-four (five-for-five if we include the drastic downward revisions in the Chicago PMI)
for regional Fed business outlooks taking a serious (and consistent)
turn for the worse. Kansas Fed manufacturing just missed expectations
turning negative once again. Amid the sub-indices (which were broadly
weak) was a plunge in employment as it fell to August 2009 levels.
This weakness in Kansas follows Richmond's quadruple dip, Empire State's weakness, and Philly's major miss and in aggregate suggests a very weak ISM to come. Of course, all of this flies in the face of today's US PMI which beat expectations and pushed to recent highs."...
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