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Weekly Economic Reports: Week ending Dec 4, 2020

Note: Rather than wait until Friday, I'll try to update daily, as new reports and information becomes available.  Regional factory activity moderates  The Chicago Business Barometer fell 2.9 points in November to 58.2, below the consensus of 59.1, indicating some moderation in factory activity growth in the region. New orders and production both grew at slower rates, a sign of softer demand. Inventories eased to a three-month low. Employment remained in contraction territory for the 16th consecutive month. Supplier deliveries slowed significantly. Prices rose at the quickest pace in over two years.  Similarly, the Texas Manufacturing General Business Activity Index slipped 7.8 points to 12.0 in November, also indicating somewhat slower growth. The six-month outlook for business activity in the region cooled. Respondents shared a similar assessment with respect to their own companies. Production, shipments, and new orders came down. The inventory drawdown intensified and supplier de

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