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Business Activity in U.S. Contracts for First Time Since 2009
| Michelle Jamrisko
Posted on 09/28/2012 7:18:12 AM PDT by Qbert
Bloomberg link only: http://www.bloomberg.com/news/2012-09-28/business-activity-in-u-s-contracts-for-first-time-since-2009.html
TOPICS: Business/Economy; News/Current Events
KEYWORDS: contraction; economy; manufacturing; recession
ISM-Chicago business barometer drops to 49.7 this month from 53 the past month. (As the article notes, a reading below 50 signals contraction).
posted on 09/28/2012 7:18:19 AM PDT
posted on 09/28/2012 7:46:54 AM PDT
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A subtitle is -
U.S. Stocks Decline as Business Activity UNEXPECTEDLY Contracts
While gas prices rose 9% in August- which Bloomberg doesn’t mention...
Contraction and inflation! Thanks a lot Harry, Nancy and Barry!
posted on 09/28/2012 8:03:17 AM PDT
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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