Where the Comment is King

THE NEWS COMMENTER

VOTE  (0)  (0)

BIDEN ECONOMY: More Bad News for the Biden Economy as Manufacturing and Home Building Take Big Hits

Added 08-17-22 09:41:01pm EST - “The Biden economy is not doing as well as the Biden Administration claims.? Results in manufacturing and home building are taking big hits.? ? Market Watch reported on Monday that the manufacturing index in the New York dropped drastically…” - Thegatewaypundit.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Thegatewaypundit.com: “BIDEN ECONOMY: More Bad News for the Biden Economy as Manufacturing and Home Building Take Big Hits”. Below is an excerpt from the article.

The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, plummeted 42.4 points to negative 31.3 in August, the regional Fed bank said Monday.

This is the second largest monthly decline on record and among the lowest levels in the survey’s history, the regional Fed bank said.

TRENDING: BREAKING EXCLUSIVE: Trump Got'em - Huge Concerns About Peter Strzok Working for the CIA Are Likely at the Heart of Mar-a-Lago RAID

Any reading below zero indicates deteriorating conditions.

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

Comment Box is loading comments...

CLICK TO SHARE

BACK TO THE HOME-PAGE