Totally Not a Recession: New York State Manufacturing Index Falls Into a Major Contraction, The Worst Collapse Since 9/11

[Weatherman2020]

They expected it to fall to positive 5.0. Instead if plummeted to negative 31.3.

Gas prices are down because the economy is going into a coma.

New York Empire State factory gauge plunges in August deep into contraction territory

The New York Fed’s Empire State business conditions index plummeted 42 points to negative 31.3 in August, the regional Fed bank said Monday.

www.marketwatch.com

 

[CrusaderFrank]

They expected it to fall to positive 5.0. Instead if plummeted to negative 31.3.

Gas prices are down because the economy is going into a coma.

New York Empire State factory gauge plunges in August deep into contraction territory

The New York Fed’s Empire State business conditions index plummeted 42 points to negative 31.3 in August, the regional Fed bank said Monday.

www.marketwatch.com

Denier! It's not a recession!!

 

[Uncensored2008]

They expected it to fall to positive 5.0. Instead if plummeted to negative 31.3.

Gas prices are down because the economy is going into a coma.

New York Empire State factory gauge plunges in August deep into contraction territory

The New York Fed’s Empire State business conditions index plummeted 42 points to negative 31.3 in August, the regional Fed bank said Monday.

www.marketwatch.com

Reich Minister Garland is dispatching Gestapo agents to arrest you for calling this a recession. Just like questioning the election, admitting we are in a recession will land you in the gulag.

 

[Toddsterpatriot]

The New York Federal Reserve said its Empire State Manufacturing Survey plunged by 42 points in August to -31.3. That marks the second-largest monthly decline on record for this closely watched gauge of economic activity. The biggest drop was recorded in April 2020, when the economy was ravaged by the onset of the Covid-19 pandemic.

The August reading leaves the Empire State survey at its lowest point since May 2020 and at among the lowest levels since the survey launched in April 2002. Any reading below zero indicates a contraction.

"The headline general business conditions index plummeted," the report said. "New orders and shipments plunged, and unfilled orders declined."

Damn!

 

[Harpy Eagle]

They expected it to fall to positive 5.0. Instead if plummeted to negative 31.3.

Gas prices are down because the economy is going into a coma.

New York Empire State factory gauge plunges in August deep into contraction territory

The New York Fed’s Empire State business conditions index plummeted 42 points to negative 31.3 in August, the regional Fed bank said Monday.

www.marketwatch.com

What good news for you, party in the W2020 house tonight....more pain means a few more votes for your beloved party!

 

[Toddsterpatriot]

What good news for you, party in the W2020 house tonight....more pain means a few more votes for your beloved party!

Don't underestimate Joe's ability to fuck things up.

 

[Harpy Eagle]

Don't underestimate Joe's ability to fuck things up.

never

 

[The Duke]

The New York Federal Reserve said its Empire State Manufacturing Survey plunged by 42 points in August to -31.3. That marks the second-largest monthly decline on record for this closely watched gauge of economic activity. The biggest drop was recorded in April 2020, when the economy was ravaged by the onset of the Covid-19 pandemic.

The August reading leaves the Empire State survey at its lowest point since May 2020 and at among the lowest levels since the survey launched in April 2002. Any reading below zero indicates a contraction.

"The headline general business conditions index plummeted," the report said. "New orders and shipments plunged, and unfilled orders declined."

Damn!

This thing is going to be bad, brah.

 

[Uncensored2008]

What good news for you, party in the W2020 house tonight....more pain means a few more votes for your beloved party!

We would rather that the moron you put in the white house were competent and lucid.

But that isn't the case.

 

[Weatherman2020]

What good news for you, party in the W2020 house tonight....more pain means a few more votes for your beloved party!

At least no mean tweets!!!

 

[Weatherman2020]

We would rather that the moron you put in the white house were competent and lucid.

But that isn't the case.

View attachment 682940

50 years in office and zero accomplishments on the resume.

 

[BlueGin]

At least no mean tweets!!!

No …just public angry outbursts of don’t dare question me asshattery.

 

[Harpy Eagle]

At least no mean tweets!!!

But more votes for your beloved party....who cares if people suffer....you will get more votes for your beloved party and nothing else in the world matters to you.

 

[Weatherman2020]

But more votes for your beloved party....who cares if people suffer....you will get more votes for your beloved party and nothing else in the world matters to you.

Yes, it’s all the fault of the minority party.