Skip to comments.Premature Release Of Dallas Fed Data Shows Biggest Miss In 4 Months
Posted on 11/26/2012 7:43:52 AM PST by Perdogg
UPDATE: Release shows a plunge in Capacity Utilization and Production to their lowest in a year, Inventories surged to 3 month highs, Shipments dropped, Capex fell and Finished Goods dropped to its lowest in two years!
It seems the Thanksgiving week has wreaked havoc with governmental timepieces. The Dallas Fed manufacturing headline data was just released 15 minutes early and has dropped back into negative territory with the largest miss in four months, due we are sure to Sandy in some way. Full details to follow...
Next week's excuse will be the Santa Anna winds and heavy rains in Seattle.
Let us not forget the ever popular Bush's fault.
4 more years of financial news with the world “unexpected” in them.
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