Chicago Fed manufacturing index fell in March

Biz.Yahoo/Reuters ^ | May 12, 2003

[Starwind]

Chicago Fed manufacturing index fell in March
Monday May 12, 11:59 am ET

 NEW YORK, May 12 (Reuters) - Details of the Federal Reserve
Bank (News - Websites) of Chicago's monthly Mid-west manufacturing index for
February and March, released on Monday:
 Midwest auto sector output posted the largest declines in
the two months of the four sectors, falling 3.5 percent in
February and another 2.0 percent in March.
 The Chicago Fed released figures for both February and
March after delaying the data because of an annual revision of
state employment data.
 Percent change:
            Mch   Feb   Mch03/02
 CFMMI      -0.8  -1.4    -2.2
 Auto       -2.0  -3.5    -3.0
 Steel      -0.9  -0.5    -0.4
 Machinery  -0.6  -0.4    -2.1
 Resources  +0.1  -1.3    -2.9
 Index (1997=100):
            Mch03     Feb03     Jan03
 CFMMI       98.8      99.6     101.1
 Auto        94.4      96.3      99.9
 Steel       86.4      87.2      87.6
 Machinery  115.7     116.5     117.0
 Resources   94.0      93.9      95.1
 The Chicago Fed Midwest Manufacturing Index is a monthly
estimate of manufacturing output in the region by major
industries. The survey covers the five states making up the
seventh Federal Reserve district: Illinois, Indiana, Iowa,
Michigan and Wisconsin.

[Starwind]

Chicago Fed report and press rlease is at: Midwest Manufacturing Output Falls in February and March

[Starwind]

Fyi...

[Steven W.]

The prior posted thread shows the anomaly in just one month from these war numbers. the whole absurdity of the thing is why so many wealthy investors always advise folks NOT to follow the minutae like the goldbugs do - and they are near unanimous in their assertions, albeit Lynch or Buffett or so many others. Yet there's not a single goldbug in the whole entire world who's ever made much money, let alone even break even with inflation over any period of time. yet they play the same old game, it's so absolutely funny, just laugh & say thanks you have the opportunity to enjoy it.

[JNB]

Man, what part of the country do you live in? Here in California, the only thing that has kept the economy going are activities related to real estate, due to artificlaly low intrest rates, everything else is still in steep decline.

[groanup]

"Yet there's not a single goldbug in the whole entire world who's ever made much money, let alone even break even with inflation over any period of time"

There are gold bugs on this forum that made a little money last year and you would think the world is coming to an end. The line seems to be: Invest in gold, guns and butter for Alan Greenspan is plotting to destroy the economy.

[Tauzero]

bttt