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Worn_Buffet

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Worn_Buffet

Re: Nettles post# 26071

Monday, 11/17/2008 10:21:15 AM

Monday, November 17, 2008 10:21:15 AM

Post# of 42555
& it's a new low.....

Empire State Manufacturing Index Hits New Low

A key manufacturing gauge in New York state tumbled in November to yet another record low, the New York Federal Reserve said on Monday, as the credit crisis tightened its grip over the economy.

The New York Fed's "Empire State" general business conditions index fell to minus 25.43 from minus 24.62 in October. That was the lowest since the inception of the index in July 2001.

The New York Fed's survey of manufacturing plants in the state is one of the earliest monthly guideposts to U.S. factory conditions.



http://www.cnbc.com/id/27765723

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http://www.thevenusproject.com/

"Risk comes from not knowing what you're doing."

Warren Buffet

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