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Chicago Fed index falls to -1.09 By Rex Nutting
The U.S. economy weakened further in April, but probably wasn`t in a recession, according to the Chicago Federal Reserve Bank. The bank`s national economic index fell to negative 1.09 in April from a revised negative 0.87 in March. It`s the lowest it`s been since January 1992. Most indicators fell in April, led by job losses and declining industrial production. All told, 64 of the 85 indicators that make up the national index showed below-average growth. Only consumer spending and housing showed strength. The three-month average faded to a negative 0.96, indicating that the risk of recession has increased.
 
aus der Diskussion: 31.05.01: Fall mit Minutenpause? Nasdaq100 darf nicht unter 1710 P. fallen! Nemax = -
Autor (Datum des Eintrages): germanasti  (31.05.01 16:09:59)
Beitrag: 144 von 362 (ID:3636720)
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