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To: sammy™ -_- who wrote (1133)	9/24/2006 8:42:26 PM
From: sammy™ -_-	Respond to of 1939

Federal Reserve Bank of Boston's comments that weakness in the housing market poses a risk to the US economy. This week the Federal Reserve Bank of Philadelphia said its business conditions index, a gauge of manufacturing activity in the Mid-Atlantic region, fell into negative territory for the first time since 2003. A negative reading implies economic contraction and thus the index is not merely indicating a slowdown in economic growth, but an actual contraction of economic activity