Philly Fed Manufacturing Suggests Activity Increased in February

From the Philly Fed: Current Manufacturing Indicators Suggest a Pickup in Growth in February Manufacturing firms reported an improvement in regional manufacturing activity, according to results from the February Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments increased this month, suggesting more widespread growth. The firms reported expansion in employment, although at a moderated pace from January. The survey's broad future indexes also showed improvement this month, indicating that growth is expected to continue over......(read more)

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