The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (215985)	8/17/2009 9:14:02 AM
From: Dan3	Read Replies (3) of 306849

New York Factories Expand for First Time Since 2008 Aug. 17 (Bloomberg) -- Manufacturing in the New York region grew in August for the first time in more than a year, reinforcing signs the worst recession since the 1930s is nearing an end. The Federal Reserve Bank of New York’s general economic index climbed to 12.1, higher than forecast and the first expansion since April 2008, the bank said today. Readings above zero for the Empire State index signal manufacturing is growing.... Manufacturers account for 6 percent of New York’s $1.1 trillion economy Lots more at: bloomberg.com Given how much manufacturing matters, these days, I guess everything's OK, now.

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