by Mike ‘Mish’ Shedlock
Mish Talk
The Dallas Fed regional manufacturing report shows activity in the region at recession levels. Conditions worsened at a lesser rate but remain deeply negative.
Wages and benefits continue to rise (for those still with a job) but prices received continue to decline.
Bloomberg Econoday reports http://bloomberg.econoday.com/byshoweventfull.asp?fid=472554&cust=bloomberg-us&year=2016&lid=0&prev=/byweek.asp#top