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KC Fed August manufacturing index +12 vs -20 prior
Prior was -20Composite index 0 vs -11 priorSpecials question in the survey asked about wages and pricing. Both showed dwindling inflation.Comments in the survey:“Obviously at a macro level inflation is way down, but in our little corner of the world it is still a huge threat. Lots of volatility and uncertainty. Some items way down, other items way up. Commodities in general are just not as predictable as they used to be.”“Our hourly billing rates are still below what most industries charge...
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Posted: Aug 24 2023, 14:58
Author Name: forexlive
Views: 111711