South Florida out of gas

New York CNN — More than half of gas stations in the Miami-Fort Lauderdale area were without gasoline Wednesday after flooding from last week’s massive storm caused a wave of panic buying by drivers topping off their gas tanks. “I …

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From the Fed’s Beige Book: “Outlooks were largely negative, and contacts voiced concern about weakening demand, a potential recession, and the spillover effects of the recent bank failures on the broader economy.” “Many expressed concerns about the potential for a recession in the coming year.”

by Dismal-Jellyfish Summary of Commentary on Current Economic Conditions by Federal Reserve District Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its …

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I Had To Find Out If This Was True…

by Michael It appears that the crisis facing auto dealerships is far more dire than any of us thought.  Financial institutions are starting to get extremely tight with their money, and that is putting extreme stress on dealers all over …

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