Business confidence volatility is unhealthy for economic growth
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November 29, 2012 - 4:44am
Guest post by Sober Look. The ISI Group combined four US regional Fed indices with Markit Manufacturing PMI to create a comprehensive US manufacturing index (chart below). A pattern of growth starts followed by fairly sharp corrections emerges. Some have speculated that this volatility, at least in part, can be explained by the Eurozone uncertainty [...]
November 29, 2012 - 4:44am
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