Philly Fed Mfg "Indicators Remained Muted" in December

From the Philly Fed: December 2018 Manufacturing Business Outlook Survey Manufacturing activity in the region continued to grow but remained subdued, according to results from the December Manufacturing Business Outlook Survey. The survey's broad indicators were positive, but their movements were mixed this month: The general activity and shipments indicators fell from their readings last month, while the indicators for new orders and employment increased. The firms remained generally optimistic about future growth. The diffusion index for current general activity decreased from 12.9 in......(read more)

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