Manufacturing in U.S. Unexpectedly Contracted in June (user search)
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  Manufacturing in U.S. Unexpectedly Contracted in June (search mode)
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CARLHAYDEN
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« on: July 03, 2012, 04:16:24 PM »
Manufacturing in U.S. Unexpectedly Contracted in June

By Shobhana Chandra

Manufacturing in the U.S. unexpectedly shrank in June for the first time since the economy emerged from the recession three years ago, indicating a mainstay of the expansion may be faltering.

http://mobile.bloomberg.com/news/2012-07-02/ism-index-of-u-s-manufacturing-decreased-to-49-7-in-june.html
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CARLHAYDEN
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Posts: 10,638


Political Matrix
E: 1.38, S: -0.51
« Reply #1 on: July 05, 2012, 03:58:23 PM »
Quote from: Senator Sbane on July 03, 2012, 05:12:01 PM
You do realize that this being "unexpected" hurts Obama? It signifies that the economy is worse than what the economists thought.

It is nice to see someone on this forum who is able to deal with reality!
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