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Philadelphia Fed Index

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Philadelphia Fed Index Empty Philadelphia Fed Index

Post  Admin on Wed May 03, 2017 7:42 am

The index surveys about 100 manufacturers from Philadelphia, the U.S., which indicates their attitude towards the current economic situation and perspectives for the nearest six months.
The index signals growth slowdown when it is below zero.
This index can indicate what to expect from the ISM Index (Institute of Supply Managment’ index), which comes out a few days later. This index increase triggers USD rise.

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