From the article:
The overall operating rate fell to 68.3 percent in May, a record low dating to 1967.
Wow. That doesn't sound good.
Also:
Production in the manufacturing sector fell 1 percent in May. That was down from a revised drop of 0.6 percent in April, double what the Fed initially estimated.The hard times aren't over yet.
1 comment:
I know the news media can and does twist the facts to support the government, but from my perspective things are not so hot and ever so often you'll find some facts in the media to support that view.
Post a Comment