International Economic

Philly Fed manufacturing index surges to 10.3 in October

By Iain Gilbert

Date: Thursday 17 Oct 2024

(Sharecast News) - The Philadelphia Federal Reserve's manufacturing index surged to 10.3 in October, a marked increase when compared to the previous month's reading of 1.7 and significantly ahead of expectations for a print of 3.
Current general activity, new orders, and shipments all grew in October, with new orders and...

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