Premature Release Of Dallas Fed Data Shows Biggest Miss In 4 Months
Submitted by Tyler Durden
on 11/26/2012 - 10:24
Release shows a plunge in Capacity Utilization and Production to their lowest in a year, Inventories surged to 3 month highs, Shipments dropped, Capex fell and Finished Goods dropped to its lowest in two years!
It seems the Thanksgiving week has wreaked havoc with governmental timepieces. The Dallas Fed manufacturing headline data was just released 15 minutes early and has dropped back into negative territory with the largest miss in four months
, due we are sure to Sandy in some way.
Mon, 11/26/2012 - 10:28 | 3011183
No black friday deals on gold or silver so I bought nothing...sorry GDP you'll have to take the hit.