Manufacturing in Philly Fed Region Contracts Sixth Month

(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

mishtalk.com / Mike “Mish” Shedlock / February 18, 2016

As expected, manufacturing in the the Philadelphia Fed region continues a long string of contractions.

Economists were pretty much on target, something that frequently happens when the current month is a repeat of last month.

The Econoday Consensus was -2.5 with an actual reading of -2.8. Last month’s reading was -3.5.

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