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Philly Fed: State Coincident Indexes increased in 39 states in April

From the Philly Fed: he Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2016. In the past month, the indexes increased in 39 states, decreased in seven, and remained stable in four, for a one-month diffusion index of 64. Show More Summary

Earlier: Philly Fed Manufacturing Survey showed Slight Contraction in May

Earlier from the Philly Fed: May 2016 Manufacturing Business Outlook Survey Firms responding to the Manufacturing Business Outlook Survey continued to report tenuous growth this month. The indicator for general activity was essentially unchanged in May and remained slightly negative. Show More Summary

Philly Fed Flounders To 3-Month Lows As New Orders Tumble

March's epic - and utterly embarassing - spike is now nothing but an aberration as for the eight month of the last nine, Philly Fed's business outlook remains firmly in negative territory. With hope-strewn expectations of a +3.0 print, Philly Fed dropped from -1.6 to -1.8 with New Orders tumbling back into contraction. Show More Summary

Philly Fed manufacturing index unexpectedly falls

The Philly Fed manufacturing index came in at -1.8 for May, mostly unchanged from the prior month. Economists had forecast that the index of general activity rose to 3 after dipping to 1.6 last month, according to Bloomberg. The report suggests that the manufacturing recovery is still slow, and perhaps taking longer than expected. Show More Summary

Thursday: Unemployment Claims, Philly Fed Mfg Survey

Thursday:• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for 275 thousand initial claims, down from 294 thousand the previous week.• Also at 8:30 AM: the Philly Fed manufacturing survey for May. Show More Summary

Schedule for Week of May 15, 2016

The key economic reports this week are April housing starts on Tuesday, and April Existing Home Sales on Friday.For manufacturing, April Industrial Production, and the New York and Philly Fed manufacturing surveys will be released this week. Show More Summary

US Manufacturing Plunges To 7 Year Lows As PMI "Dashes Hope That Q1 Weakness Was Temporary"

Following Japan's record low PMI, Europe's modest pick-up, and China's bounce, this week's Philly Fed crash was more indicative as US Manufacturing (flash) PMI printed 50.8 (from 51.5 in March and notably missing 52.0 expectations).Show More Summary

Leading Indicators Slow and Philly Fed Factory Index Plunges... But Don't Worry Because Jobless Claims Hit A Historic Low!

We're always amused by duelling headlines like this: U.S. Jobless Claims Unexpectedly Drop to Lowest Level Since 1973 Leading Indicators in U.S. Climbed Less Than Forecast in March Philly Fed factory index plunges to -1.6 in April Seems...Show More Summary

Earlier: Philly Fed Manufacturing Survey showed Slight Contraction in April

Earlier from the Philly Fed: April 2016 Manufacturing Business Outlook Survey Firms responding to the Manufacturing Business Outlook Survey reported no improvement in business conditions this month. The indicator for general activity, which rose sharply in March, fell to a slightly negative reading in April. Show More Summary

Philly Fed: Manufacturing Activity Declined Again in April after Rebounding in March

The Federal Reserve Bank of Philadelphia said that manufacturing activity declined again after rebounding in March. The composite index of general business activity fell from 12.4 in March to -1.6...

Philly Fed manufacturing falls back into the red

Manufacturing activity in Philadelphia is back in the red. The Philly Federal Reserve's manufacturing index came in at -1.6 for April, as businesses reported no improvement in conditions. Economists had forecast that it fell to 9 from a prior reading of 12.4. Show More Summary

Philly Fed: State Coincident Indexes increased in 41 states in March

Thursday:• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for 265 thousand initial claims, up from 253 thousand the previous week.• Also at 8:30 AM, the Philly Fed manufacturing survey for April. Show More Summary

Schedule for Week of April 17, 2016

The key economic reports this week are March housing starts on Tuesday, and March Existing Home Sales on Wednesday.From manufacturing, the April Philly Fed manufacturing survey will be released this week. ----- Monday, April 18th ----- 10:00 AM: The April NAHB homebuilder survey. Show More Summary

Philly Fed: State Coincident Indexes increased in 43 states in January

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for January 2016. In the past month, the indexes increased in 43 states, decreased in five, and remained stable in two, for a one-month diffusion index of 76. Show More Summary

Philly Fed Manufacturing Survey showed Expansion in March

Earlier from the Philly Fed: March 2016 Manufacturing Business Outlook Survey Firms responding to the Manufacturing Business Outlook Survey reported an improvement in business conditions this month. The indicator for general activity rose sharply in March to its first positive reading in seven months. Show More Summary

Philly Fed: Manufacturing Activity Rebounded Following Six Straight Months of Contraction

The Federal Reserve Bank of Philadelphia said that manufacturing activity rebounded in March following six straight months of contraction. The composite index of general business activity rose from -2.8 in...

Philly Fed manufacturing turns positive for the first time in 7 months

The Philadelphia Federal Reserve's business activity index surged from a negative reading to 12.4 in March. It was the first positive reading in seven months, and the highest level since last June. Economists had estimated that the headline...Show More Summary

March Madness? Philly Fed New Orders Spike By Most In 11 Years

It's March Madness in Philly. Thanks to the biggest jump in New Orders since Oct 2005, Philly Fed surged to 15-month highs (jumping from -2.8 to +12.4) crushiung expectations of -1.5. Number of employees improved mopdestly but remains in contraction but "hope" soared to 5 month highs led by exuberant expectations for capex and average workweek. Show More Summary

Thursday: Unemployment Claims, Philly Fed Mfg Survey, Job Openings

Thursday:• At 8:30 AM,The initial weekly unemployment claims report will be released. The consensus is for 270 thousand initial claims, up from 259 thousand the previous week.• Also at 8:30 AM, The Philly Fed manufacturing survey for March. Show More Summary

Philly Fed: Manufacturing Activity Contracted for the Sixth Straight Month

The Federal Reserve Bank of Philadelphia said that manufacturing activity contracted for the sixth straight month in February, albeit at a slower pace than in January. The composite index of...

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