Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Fiscal concerns stall factory output: Beige Book

Fiscal concerns stall factory output: Beige Book (by Greg Robb)

WASHINGTON (MarketWatch) -- A majority of the Federal Reserve's 12 districts reported either slowing or contracting manufacturing, as concerns about the fiscal cliff clouded the outlook for factory owners, according to the latest Beige Book report on current economic conditions released on Wednesday. The extent of weakness in manufacturing is unexpected. The report said overall activity expanded at a measured pace. Hurricane Sandy led to weaker conditions in New York but there were expectations of a rebound due to rebuilding. Labor market conditions only improved modestly.