Philly Fed "Manufacturing firms reported continued weakening" in April

From the Philly Fed: Manufacturing firms reported continued weakening Manufacturing firms reported continued weakening in regional manufacturing activity this month , according to results from the Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments once again fell sharply this month to long-term low readings , coinciding with ongoing developments related to the coronavirus pandemic. The indexes for employment and the average workweek, which had both remained positive last month, fell into negative territory this month. The......(read more)

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