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Philly Fed: State Coincident Indexes increased in 35 states in May

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for May 2015. In the past month, the indexes increased in 35 states, decreased in 10, and remained stable in five, for a one-month diffusion index of 50. Show More Summary

Philly Fed: Manufacturing Activity Rose to Its Highest Level of 2015 So Far

The Federal Reserve Bank of Philadelphia said that new orders and shipments rebounded in June, lifting its headline manufacturing indexRead the Rest...

Philly Fed Manufacturing Survey increased to 15.2 in June

From the Philly Fed: June Manufacturing Survey Manufacturing conditions in the region improved in June, according to firms responding to this month’s Manufacturing Business Outlook Survey. Indicators for general activity, new orders, and shipments remained positive and increased over their readings in May. Show More Summary

Philly Fed crushes expectations

The Philadelphia Federal Reserve's latest manufacturing report came in at 15.2, crushing expectations for a reading of 8.0. This is the highest reading for the measure since December. The report showed that demand for manufactured goods...Show More Summary

Thursday: Unemployment Claims, CPI, Philly Fed Mfg Survey

Off topic: A bizarre sight in California... crabs attack! Click on photo for larger image. Photo taken at China Cove in Newport Beach, CA by Steven.From the WaPo: Why these bright, tiny crabs are blanketing Southern California beachesThey...Show More Summary

The Rich Have Never Been Richer: US Household Assets Hit $99 Trillion

Moments ago the Fed's latest Flow of Funds report confirmed what the Philly Fed noted recently (and what blogger and Citadel trader Ben Bernanke vehemently denies): that the Fed keeps making America's uber rich ever richer, when in the...Show More Summary

Aussie Central Bank Admits, Property Prices "Have Gone Crazy"

With The Philly Fed admitting QE has been the driver of inequality in the USA and the Kiwis slashing rates unexpectedly, the fact that Reserve Bank of Australia Governor Glenn Stevens uttered the following is even more crucial. "I think...Show More Summary

Philly Fed: State Coincident Indexes increased in 40 states in April

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2015. In the past month, the indexes increased in 40 states, decreased in six, and remained stable in four, for a one-month diffusion index of 68. Show More Summary

Friday: CPI, Yellen

Earlier from the Philly Fed: May Manufacturing Survey Manufacturing activity in the region increased modestly in May, according to firms responding to this month’s Manufacturing Business Outlook Survey. Indicators for general activity, new orders, and shipments were positive but remain at low readings. Show More Summary

Philly Fed Region "Weak but Stable"; Kansas City Region "Declines More Sharply"

More weak economic reports came out today. Let's take a look at two regional manufacturing reports.Philly Fed Region "Weak but Stable"The Bloomberg Economic Consensus for the Philadelphia Fed Business Outlook Survey was 8.0. Economists got the leading sign correct, but the consensus estimate was a tad high with the index posting 6.7. Show More Summary

Spot The 'Fundamental' Difference

Misses: China PMI German PMI US PMI Initial Claims Chicago Fed Existing Home Sales Philly Fed Kansas City Fed -> Stock at all time high — zerohedge (@zerohedge) May 21, 2015 But none of that matters: As goes oil... so goes US equities... Charts: Bloomberg

Philly Fed: Manufacturing Outlook Eased Slightly in May

The Philadelphia Federal Reserve Bank said that the manufacturing outlook eased slightly in May. The composite index of general businessRead the Rest...

Stocks Recover Post-FOMC Losses After 4-For-4 Economic Data Misses

Manufacturing PMI - Miss/Drop. Existing Home Sales - Miss/Drop. Philly Fed - Miss/Drop. Economic Confidence - Miss/Drop. Buy Stocks...

Philly Fed Hovers Near 15-Month Lows, Prices Paid Collapse Most Since Lehman

After a very modest bounce in April, Philly Fed fell again in May, printing a disappointing 6.7 (against 8.0 expectations). Philly Fed has now missed 5 of the last 6 (and 7 of the last 9) months. While new orders picked up, prices paid plunged at recessionary pace, inventories tumbled, and the average workweek slumped. Show More Summary

Here comes the Philly Fed ...

The latest reading on manufacturing activity from the Philadelphia Federal Reserve is set for release at the top of the hour. Expectations are for the reading to come in at 8, up slightly from April's reading of 7.5. We'll be back with the live numbers when they hit. Join the conversation about this story » NOW WATCH: Here's what happens when you get bitten by a black widow

Economists cut second-quarter U.S. jobs growth forecasts: Philly Fed survey

NEW YORK (Reuters) - Economists cut their forecasts for U.S. economic growth in the second quarter and full year, and trimmed expectations for U.S. labor market gains. Economists see the economy growing at an annual rate of 2.5 percent...Show More Summary

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

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for March 2015. In the past month, the indexes increased in 41 states, decreased in four, and remained stable in five, for a one-month diffusion index of 74. Show More Summary

Philly Fed: State Coincident Indexes increased in 46 states in February

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for February 2015. In the past month, the indexes increased in 46 states, decreased in one, and remained stable in three, for a one-month diffusion index of 90. Show More Summary

Philly Fed Positive, but New Orders Stall, Backlog of Orders Contracts, Prices Contract; Why the Optimism?

As typical, there is not much to cheer about in the latest Philadelphia Fed Manufacturing Survey.The index is hovering above zero where it has been for months. That's about as good as it gets.April vs. MarchNew orders are weak and shipments while shipments dipped into contraction. Show More Summary

Philly Fed Manufacturing Survey increased to 7.5 in April

Earlier from the Philly Fed: April Manufacturing Survey Manufacturing activity in the region increased modestly in April, according to firms responding to this month’s Manufacturing Business Outlook Survey. Indicators for general activity and new orders were positive but remained at low readings. Show More Summary

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