Philly Fed Manufacturing Survey Showed "Continued Growth" in April

From the Philly Fed: April 2018 Manufacturing Business Outlook Survey Results from the April Manufacturing Business Outlook Survey suggest continued growth for the region's manufacturing sector. Although the survey's indexes for general activity and employment improved slightly, the indexes for new orders and shipments moderated. The firms also reported higher prices for both inputs and their own manufactured goods this month. The survey's future indexes, measuring expectations for the next six months, reflected continued optimism. The diffusion index for current general activity edged 1......(read more)

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