“The New York Federal Reserve Bank’s latest survey indicates a slowing of the regional economy. This was not expected by economists.  This is a major reversal. It took place across the boards.  This could be a temporary fluke. But this is November. This is the month preceding the Christmas season. This should be a time of increasing demand. It isn’t in the New York City area — the heart of America’s financial center.”

http://teapartyeconomist.com/2013/11/18/manufacturing-index-reverses-falls/

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