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  1. myp

    700,000 jobs lost in next report?

    This is a scary chart: It shows the Philadelphia Federal Reserve Bank's factory activity index charted vs. the non-farm payroll jobs number. As you can see, the latest report from the Philly Fed showed a -30.7 value in business activity (expectations were for 3.7 positive and this month had...
  2. myp

    USPS to close 3,700 locations

    As the USPS continues to face a bleak budget, the government-run organization is going to be cutting 3,700 locations across the nation, which amounts to over 10% of current locations. Decisions on which ones will be cut are made partly on which regions have sufficient private sector...
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