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PHILLYY FED INDEX

January Philadelphia Fed Manufacturing Index Rise Less Than Expected, Still Indicating Contraction

Friday, 19 January 2024 03:44 WIB | Root

The Philadelphia Federal Reserve's monthly manufacturing index slightly increased to minus 10.6 in January from a revised minus 12.8 in December, compared with expectations for a larger increase to a reading of minus 6.7 in a survey compiled by Bloomberg as of 7:40 am ET. The index still...

December Philadelphia Fed Manufacturing Index Declines Unexpectedly

Friday, 22 December 2023 03:38 WIB | Root

The Philadelphia Federal Reserve's monthly manufacturing index declined to minus 10.5 in December after rising to minus 5.9 in November, compared with expectations for an increase to a reading of minus 3 in a survey compiled by Bloomberg as of 7:55 am ET. The index suggests contraction in the...

Philadelphia Fed factory index in negative territory for 11th straight month

Friday, 21 July 2023 02:26 WIB | Root

The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 13.5 in July from negative 13.7 in the prior month. Any reading below zero indicates deteriorating conditions. This is the eleventh straight negative reading. Economists polled by the Wall Street...

Philadelphia Fed's Manufacturing Gauge Sinks Further in November

Friday, 18 November 2022 03:30 WIB | Root

The Philadelphia Fed said Thursday its gauge of regional business activity sank to negative 19.4 in November from negative 8.7 in the prior month. Any reading below zero indicates deteriorating conditions. Economists polled by the Wall Street Journal expected a negative 6 reading. This is the...

Philadelphia Fed's Manufacturing Gauge Remains Weak in October

Friday, 21 October 2022 02:25 WIB | Root

The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 8.7 in October from negative 9.9 in the prior month. Any reading below zero indicates deteriorating conditions. The headline index is based on a single stand-alone question about business conditions...