Resler Says New York Manufacturing May Be at a 'Plateau'
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Resler Says New York Manufacturing May Be at a 'Plateau'
David Resler, chief economist at Nomura Securities International Inc., and Larry Levin, president of Secretsoftraders.com, talk with Bloomberg's Betty Liu about data on U.S. producer prices and New York manufacturing released today. The Federal Reserve Bank of New York's general economic index unexpectedly rose to 0.63 in April from last month's reading of minus 22.2. Prices paid to U.S. producers rose 1.1 percent, almost twice as much as forecast in March, the Labor Department said. (Source: Bloomberg)
Bloomberg | April 15, 2008
