Monday, August 15, 2011

It's The Economy Stupid: Manufacturing

Okay, the Empire Manufacturing number came in WAY below expectations.  A survey of economists expected the Empire Manufacturing index to improve from -3.76% to 0.00%.  But the number released this morning was a -7.72%, far below the economist’s expectations and headed in the wrong direction.


John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721



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