US Manufacturing Production slows as doubts over rate hike grow
Production at US manufacturers has fallen for now a second month in a row as we learn that factories are making fewer appliances, computers, and electronics. Ameera David weighs in.
Then Warren Mosler, president of Valance Co. Inc., is on the show to talk about the impact of low oil prices on consumer spending, capital investment, and capital expenditure.
After the break, Gary Leff, co-founder of MilePoint.com, joins us. Ameera talks to Gary about why the merger between United Airlines and Continental is still a “work in progress,” five years after being announced.
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