American Economics Thread

[Strangelove]

 

[FairAndUnbiased]

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Karens on mental breakdowns are in trouble

 

[Coalescence]

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The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, plummeted 42.4 points to negative 31.3 in August, the regional Fed bank said Monday.
Any reading below zero indicates deteriorating conditions.

The index for new orders dropped 35.8 points to negative 29.6 in August. The shipments index fell 49.4 points to negative 24.1.

I don't understand economic indicators very well, but this can't be good a sign for the US economy right?

 

[emblem21]

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I don't understand economic indicators very well, but this can't be good a sign for the US economy right?

If this is that state of NYC, then something bad is eventually going to go down and there is not a damn they can do to save the sinking ship right now

 

[PopularScience]

July and August will be lesser than June.

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[9dashline]

July and August will be lesser than June.

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Hopefully sell it all to zero before year end

 

[tygyg1111]

Six flags, three headstones

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[Tam]

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I don't understand economic indicators very well, but this can't be good a sign for the US economy right?

That's catastrophic.

 

[MortyandRick]

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I don't understand economic indicators very well, but this can't be good a sign for the US economy right?

Is this for real? I've never heard of this "empire state factory gauge".

 

[9dashline]

Not looking good for the e-CONomy...