In a shocking downside surprise, Richmond Fed"s Manufacturing Survey slumped in January, extending the drop from November"s record high to the biggest 2-month crash since 2006...
From a record-high in Nov 2017, Richmond Fed has collapsed... (the 14 print in January is below the lowest economists" estimate)
The number of employees and average workweek plunged as expectations for new order volume in 6 months time tumbled to its weakest since before the election...
As good as it gets?
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