Corporate Profitability Under Pressure As Empire Fed Shows New Orders Slide Further
Zero Hedge -

Despite a headline beat on the back of 'hope' rising, Empire Fed data shows two disturbing trends - slowing new order growth and collapsing margins as price pressure bites.

Empire Fed New Orders were unable to reach the peak of 2017 and have now faded lower for two straight months...

Additionally, Bloomberg notes that the spread between the New York Fed prices paid index minus the prices received index widened in August for the first time in three months, a sign firms remain under...

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