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Originally posted here: Philly Fed Region "Weak but Stable"; Kansas City Region "Declines More Sharply"
Flash China Manufacturing PMIâ„¢ at 49.1 in May (48.9 in April). Two-month high
See more here: Falling out of the clown car, down the stairs and into the electric eel pond.
Please consider Robot Master Chef Cooks 2,000 Recipes, Cleans Up, Does the Dishes . A California company, Morley Robotics, has teamed with the UK’s Shadow Robot Company, to develop a smartphone-controlled robot master chef capable of cooking world-class fare just as Chef Watson. The robot was unveiled at a recent event at Hanover Messe Robotic Technology Fair in Germany
More: Another Perspective on Today’s Strong Housing Numbers
Home Builders Optimistic Despite Decline in Traffic; Housing Market Index Declines The National Association of Home Builders’ Housing Market Index once again reveals positive builder sentiment even though new home sales are weak. The HMI is Derived from a monthly survey that NAHB has been conducting for 30 years
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional
Read more here: Robots on Verge of Replacing Human Anesthesiologists
In one of the few economic bright spots recently, housing starts surged beating Bloomberg Consensus Estimates . Highlights There were hardly any indications before today, but the spring housing surge is here
View article: Why Are Economists’ Predictions So Damn Awful?