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Fed Survey Says New Signs of a Slowdown

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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 03:34 PM
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Fed Survey Says New Signs of a Slowdown
Fed Survey Says New Signs of a Slowdown
By JEANNINE AVERSA , 09.06.2006, 04:09 PM

The economy ambled into the fall steadily but unstartlingly, with fresh signs of a slowdown as consumers watched spending more warily.

The Federal Reserve's latest survey of America's business climate, released Wednesday, found that "economic activity continued to expand ... but five districts indicated deceleration, while the remaining seven reported little change in the pace of growth."

People held back, especially, on spending for automobiles and household items.

The survey is based on information supplied by 12 regional Federal Reserve banks and collected before Aug. 28. That snapshot will figure into discussions at the central bank's next meeting on Sept. 20.
(snip/...)

http://www.forbes.com/entrepreneurs/entresales/feeds/ap/2006/09/06/ap2997788.html
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AX10 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 03:37 PM
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1. K & R!
A recession is coming. The debt loads are just too much to handle.
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paparush Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 03:52 PM
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2. Does anybody else get the feeling that ..
the sh*t is REALLY about to hit the fan???

Politically - Either the Dems win in Nov or the cheating Repukes are brought to light.

Economically - The wheels are going to fall off this economy on life support.

Socially - Right Wing Christo-Taliban starts murdering 'libruls' in the streets when they are not carried home to Jesus on golden rays of sunshine of the glorious Rapture.
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roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 05:07 PM
Response to Reply #2
3. They won't murder this lefty without a fight
I'll send some of them to their "God" if they try to murder innocent people.
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