International Economic

US mid-Atlantic factory activity plummets in April, Philly Fed says

By Alexander Bueso

Date: Thursday 17 Apr 2025

(Sharecast News) - Factory sector activity in the US mid-Atlantic region shrank sharply in April, as trade tariffs began to bite, according to the results of a closely followed survey.
The Federal Reserve Bank of Philadelphia's manufacturing sector index fell from a reading of 12.5 in March to -26.4 for April...

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