Dallas Fed Region Horrific Conditions: Wages + Benefits Up 79 Months, Prices Received Down 18 Months

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

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