To: tejek who wrote (120901 ) 9/17/2012 11:30:31 AM From: RetiredNow Respond to Of course, I don't ignore all the data. However, if there is a reasonable explanation for why the data is out of whack like with oil and inflation, then I am not going to be too concerned. You want so badly for the economy to go splat so your boy can get elected that you can't see the forest for the trees. It just not going to work that way. Obama has done a lot of things right.......and while things are not where any of us want them, they are good enough so that Americans continue to have confidence in Mr. Obama. newyorkfed.org Empire Manufacturing Index Prints At Lowest Since April 2009 Empire Fed Manufacturing Index, which printed at -10.41, the lowest print since April 2009, down from -5.85, and well below expectations of -2.0. The Index print confirmed the biggest 6 month drop since records began. The components painted a dire picture for jobs, with the employment index sliding from 16.47 to 4.26, New Orders tumbling from -5.50 to -14.03, while, wait for it, prices rose, from 16.47 to 19.15.
