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Business Activity in U.S. Contracts for First Time Since 2009
Bloomberg | 2012-09-28 | Michelle Jamrisko

Posted on 09/28/2012 7:18:12 AM PDT by Qbert

Bloomberg link only: http://www.bloomberg.com/news/2012-09-28/business-activity-in-u-s-contracts-for-first-time-since-2009.html


TOPICS: Business/Economy; News/Current Events
KEYWORDS: contraction; economy; manufacturing; recession
ISM-Chicago business barometer drops to 49.7 this month from 53 the past month. (As the article notes, a reading below 50 signals contraction).
1 posted on 09/28/2012 7:18:19 AM PDT by Qbert
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To: Qbert
http://www.bloomberg.com/news/2012-09-28/business-activity-in-u-s-contracts-for-first-time-since-2009.html
2 posted on 09/28/2012 7:46:54 AM PDT by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
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To: SubMareener

A subtitle is -

U.S. Stocks Decline as Business Activity UNEXPECTEDLY Contracts


3 posted on 09/28/2012 7:59:15 AM PDT by calico_thompson
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To: Qbert

While gas prices rose 9% in August- which Bloomberg doesn’t mention...

Contraction and inflation! Thanks a lot Harry, Nancy and Barry!


4 posted on 09/28/2012 8:03:17 AM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: Qbert

But, it’s Bush’s fault.


5 posted on 09/28/2012 8:12:35 AM PDT by Daveinyork
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