Kansas City Fed Survey Collapses As New Orders Crash Most Since Great Recession

(Before It's News)

Another data point to ignore… Kansas City Fed’s business survey has crashed from a hope-full bounce. Dumping from a +1 print in October, Kansas collapsed to -9, the weakest since May 2015 as across the board components were abysmal. Production, Prices Paid, Employees, and inventories all cliff-dived with New Orders falling the most YoY since the Great Recession.

Recession much?

New Orders crashed YoY the most since the great recession

Charts: Bloomberg

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