The Housing Chronicles Blog: Philadelphia Fed's Business Outlook Survey dips to 22.3 in March but still in positive territory

Thursday, March 15, 2018

Philadelphia Fed's Business Outlook Survey dips to 22.3 in March but still in positive territory

Findings from the Philadelphia Federal Rerserve Manufacturing Business Outlook Survey suggest continued growth for the region's manufacturing sector. Although the survey's index for general activity moderated, the indexes for new orders and shipments improved. The survey's future indexes, measuring expectations for the next six months, reflected continued optimism.

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