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H/t Calculated Risk
H/t Calculated Risk
The 2006 spike is just before the new bankruptcy law
h/t Calculated Risk,
Well, we are in for a bumpy ride, with the Federal Reserve Bank of New York's Empire State Manufacturing Survey falling 21 points in November. (top pic)
H/t Calculated Risk
H/t Calculated Risk
The 2006 spike is just before the new bankruptcy law
h/t Calculated Risk,
It's still positive, barely, meaning that there is expansion, but it is a rather precipitous drop.
We also saw US industrial capacity utilization rise in November, (2nd pic down) so it appears that there is an upswing going on, albeit a slow one.
Even so, we are saw both homebuilder sentiment falling (3rd pic down), credit card chargeoffs rising (bottom pic), and the Architecture Billings Index falling in November on the other side of the ticket.
In energy, oil rose for its first time in 10 days, and in currency, the dollar was up, hitting an October high.
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