HomeLive CommentsPhiladelphia Fed manufacturing index rose to 10.4

Philadelphia Fed manufacturing index rose to 10.4

Philadelphia Fed Manufacturing Business Outlook Survey diffusion index rose to 10.4 in November, up from 5.6, beat expectation of 7.0. The percentage of firms reporting increases (30 percent) this month exceeded the percentage reporting decreases (20 percent). While the general activity index showed improvement, indicators for new orders, shipments, and employment decreased from last month’s readings.

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