Institution evaluates the US January New York Fed Manufacturing Index: Shocking
Institution evaluates the US January New York Fed Manufacturing Index: The data is shocking, dropping from -14.5 to -43.7, with an expected climb to -5.0. This month's index is the lowest level since May 2020 when businesses were still dealing with the initial impact of the COVID-19 pandemic. The second worst level was in January last year at -32.9.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. inflation pressures are rising across the board; Chicago Federal Reserve President warns that the AI investment boom may lead to economic overheating.
Chicago Federal Reserve President Goolsbee stated on Wednesday that the U.S. September Consumer Price Index report indicates inflationary pressures are spreading broadly, and this trend is concerning.
Crypto prices
More
