Bloomberg: U.S. Manufacturing Ends 2018 in a Slump



Bloomberg reported that five Federal Reserve indices of regional manufacturing dropped in December, which could indicate that shaky times are in store for the U.S. economy.

According to Bloomberg, all five indices — Dallas, New York, Philadelphia, Richmond and Kansas City — have not dropped at the same time since May 2016.

Bloomberg cited a Fed report, which stated that more than 20% of manufacturers said their outlook took a turn for the worse in December.


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