Investor's Business Daily - The Chicago Fed's Midwest manufacturing index fell sharply year-over-year, bigger than a national decline of 1.7%. Month-to-month, the index fell 2.3% in Aug. to 103.5. The auto sector took the biggest hit, falling 18.1% from July and 10.3% year-over-year. Congress recent OK'd funding for $25 bil in loan guarantees for the big U.S. automakers.
More...
More...