The Philly Fed Collapse

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Thursday, June 21, 2012 The Philly Fed Collapse The big economic datapoint of the day was the collapse of the Philly Fed Index. The Philly Fed Index is a closely-watched measure of the regional manufacturing economy. The survey looks at all kinds of items (employment, new orders, cost of goods, etc.) but the general headline number -- which came in at -16.6 basically tells the story. As you can see based on the greyish line, it's collapsed, and is near its lowest levels since the recession ended. Read » Also On Money Game Today: A Major Energy Ratio Has Flipped And Suddenly Natural Gas Looks A Lot More Expensive The Market Is Getting Ugly, And Gold Is Getting Hammered THE EURO IS JUST CRUMBLING AND THE DOW IS OFF 160 Why It's Too Early To Call A Bottom In Home Prices Advertisement CHART OF THE DAY: The World's Biggest Consumer Goods Company Shows That Growth In Developed Markets Is Tanking CHART OF THE DAY: Wall Street Has No Idea Where The Euro Is Heading CHART OF THE DAY: The Spanish 10-Year Yield Middle-Finger Formation Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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