US productivity slows down, factory order have fallen, more retail stores are closing and major layoffs expected in NY. The FED reports the economy is recovering, houses are up, retail is up, unemployment down. The FED is repeating its remarks that it will take a major economic disruption to curb the taper. Ukraine crisis are escalating and the President is now drawing a red line. A U.S. navy destroyer is now entering the black sea and tensions are high. President Assad is siding with Putin and as the U.S and Russia brings in more military assets be prepared for a false flag to trigger a war.
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Current News – 03.06.2014
- U.S. productivity grew at an even slower annual rate than previously thought in the final three months of last year.
- Economists are hoping productivity growth will revive in 2014, reflecting a stronger economy.
- Productivity grew at an annual rate of 1.8 percent in the October-December quarter, a slowdown from 3.5 percent productivity growth in the third quarter, the Labor Department reported Thursday.
- The new estimate was lower than the 3.2 percent gain the government had previously reported. Continue reading “FED Repeats, It Would Take A Major Economic Disruption To Curb The Taper – Episode 307”