Signs of Contraction
There are some signs that economic activity is not only slowing, it is beginning to contract.
Whether one looks at the retail sales report or manufacturing activity, we see falling sales and production. But metrics are not uniformly negative, which makes getting an unambiguous assessment more difficult. And even within the details of some of the more downbeat economic data, there is some seemingly good news, especially future expectations....537 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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