Report
Data Round-Up: NMI Retrenches Some; Scandal & Turnover on the FOMC
posted by Michael Lewis on April 05, 2017
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Headline
The NMI fell -2 points to 55.2 in March, its lowest level since October 2016, just before the post-election “Trump Bump.” A key contributing factor may have been health care policy
Abstract
FMI’s analysis of today’s March Non-Manufacturing Index and comments on the scandalous exit of Richmond Fed president Jeffrey Lacker.