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Philadelphia Fed manufacturing outlook shows signs of optimism despite persistent negativity in general activity

Philadelphia Fed manufacturing outlook shows signs of optimism despite persistent negativity in general activity
The July Manufacturing Business Outlook Survey from the Philadelphia Fed presented a mixed bag of indicators. The diffusion index for current general activity marginally improved from -13.7 to -13.5, slightly exceeding expectations of -15.5. But it registered its 11th consecutive negative reading. Also, the persistent negativity was reflected as over 30% of the firms reported […] The post Philadelphia Fed manufacturing outlook shows signs of optimism despite persistent negativity in general acti... Read More
Posted: Jul 20 2023, 12:51
Author Name: actionforex
Views: 110742

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