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Philly Fed Index Turns Positive In November Empty Philly Fed Index Turns Positive In November

Post  Admin on Thu Nov 19, 2015 3:09 pm

Philly Fed Index Turns Positive In November
Manufacturing conditions in the Philadelphia region have seen a slight improvement in the month of November, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. 
The Philly Fed said the diffusion index for current activity rose to a positive 1.9 in November from a negative 4.5 in October, with a positive reading indicating growth in regional manufacturing activity. The index had been expected to rise to a negative 0.5.


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