Not Always Sunny: Philly Fed Business Outlook Declines Most Since Trump Took Office

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

So much for the “Trump Bump.”

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The latest Philly Fed print was a bit of a surprise. The regional manufacturing Business Index collapsed from 17.0 to -4.1, the first negative and the lowest print since May 2016.

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phillydump

So , it is NOT Always Sunny in Philadelphia. Time for some Rum Ham!

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