International Economic

Philly Fed manufacturing index unexpectedly turns positive

By Benjamin Chiou

Date: Thursday 19 Sep 2024

(Sharecast News) - Manufacturing activity in the Philadelphia region unexpectedly expanded in September after contracting sharply the previous month, though current indicators for the industry still remain mixed.
According to the Federal Reserve Bank of Philadelphia, the current general activity index for manufacturing jumped from a seven-month low of 7.0 in...

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