Philly Fed Index Returns To Positive Territory In September

2024-09-16 1203
(fxcue news) - A reading on Philadelphia-area manufacturing activity returned to positive territory in the month of September, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current general activity jumped to a positive 1.7 in September from a negative 7.0 in August, with a positive reading indicating growth. Economists had expected the index to surge to a positive 2.0. Looking ahead, the Philly Fed said firms continue to expect growth over the next six months, with expectations more widespread this month.
Sign In via X Google Sign In via Google
This page link:http://www.fxcue.com/152959.html
Tips:This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement:Contact us if the content violates the law or your rights

Please sign in

关注我们的公众号

微信公众号