HomeLive CommentsPhilly Fed manufacturing index rose to 36.7, highest since Feb 2017

Philly Fed manufacturing index rose to 36.7, highest since Feb 2017

Philadelphia Fed manufacturing outlook index rose to 36.7 in February, up from 17, beat expectation of 12. That’s also the highest reading since February 2017. Current indicators for general activity, new orders, and shipments increased this month, suggesting more widespread growth. Future indexes also showed improvement, indicating continuation of growth in the next six months.

Full release here.

Featured Analysis

Learn Forex Trading