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

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2017. Over the past three months, the indexes increased in 46 states and decreased in four, for a three-month diffusion index of 84. Show More Summary

Philly Fed: Manufacturing Continues to Expand at a Robust Pace

The Federal Reserve Bank of Philadelphia said that manufacturing activity continued to expand at a robust pace in May. The composite index of general business activity increased from 22.0 in... The post Philly Fed: Manufacturing Continues to Expand at a Robust Pace appeared first on Shopfloor.

Philly Fed: "Regional manufacturing activity continued to expand" in May

From the Philly Fed: Current Indicators Reflect Continued GrowthResults from the May Manufacturing Business Outlook Survey suggest that regional manufacturing activity continued to expand this month. The diffusion indexes for general activity and shipments improved notably from their April readings. Show More Summary

2:00PM Water Cooler 5/18/2017

Today's Water Cooler: NAFTA renegotiation, Obama legacy, Heath Mello, the 25th Amendment solution, Philly Fed, Warren supports single payer

Schedule for Week of May 14, 2017

The key economic report this week is April Housing Starts.For manufacturing, April industrial production, and the May New York, and Philly Fed manufacturing surveys, will be released this week. ----- Monday, May 15th ----- 8:30 AM ET: The New York Fed Empire State manufacturing survey for May. Show More Summary

Philly Fed: State Coincident Indexes increased in 45 states in March

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for March 2017. Over the past three months, the indexes increased in 45 states, decreased in three, and remained stable in two, for a three-month diffusion index of 84. Show More Summary

Stocks, Dollar, Yields Rally On Mnuchin Tax Cut Comments

In a day full of upside catalyst for the reflation trade including the strong TIPS auction, the speculation that the Obamacare repeal effort is back on track, and perhaps best of all the absence of hard data (today's Philly Fed "soft...Show More Summary

Philly Fed: Manufacturing "Continued to expand, but at a slower pace" in April

Earlier from the Philly Fed: Current Indicators Continue to Reflect GrowthResults from the April Manufacturing Business Outlook Survey suggest that regional manufacturing activity continued to expand, but at a slower pace than last month. Show More Summary

'Soft' Data Slumps - Philly Fed Plunges Most In Over 2 Years As Trumphoria Fades

Having surged to its highest levels since 1984 in February, Philly Fed's Manufacturing survey (soft data) has collapsed in the last two months (biggest drop since Jan 2015). The 22.00 print mised expectations and was the lowest since...Show More Summary

Philly Fed: Manufacturing Continues to Expand Strongly Despite some Easing in April

The Federal Reserve Bank of Philadelphia said that manufacturing activity remained strong in April, even as headline growth pulled back from February’s pace, which was the best reading since November...

Thursday: Unemployment Claims, Philly Fed Mfg Survey

Some interesting comments from Dave Altig, Nicholas Parker and Brent Meyer at Macroblog: The Fed’s Inflation Goal: What Does the Public Know? [O]ne natural question is whether the public is aware of this 2 percent target. We've posed...Show More Summary

Philly Fed: State Coincident Indexes increased in 44 states in February

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for February 2017. Over the past three months, the indexes increased in 47 states, decreased in two, and remained stable in one, for a three-month diffusion index of 90. Show More Summary

Schedule for Week of Apr 16, 2017

The key economic reports this week are March Housing Starts and Existing Home Sales.For manufacturing, March industrial production, and the April New York, and Philly Fed manufacturing surveys, will be released this week. ----- Monday, Apr 17th ----- 8:30 AM ET: The New York Fed Empire State manufacturing survey for April. Show More Summary

Philly Fed: State Coincident Indexes increased in 38 states in January

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for January 2017. Over the past three months, the indexes increased in 46 states, decreased in three, and remained stable in one, for a three-month diffusion index of 86. Show More Summary

Philly Fed, Another Strong Regional Activity Report: Why Doesn't Factory Data Match?

``If manufacturing conditions are generally improving, yet barely improving, we would see reports like the Philly Fed and Empire State survey above, with actual factory data not matching.'' -- See also Another 'Hard' Data Disappointment: US Industrial Production Misses, Stagnant In February.

Philly Fed: Manufacturing "Expansion Continues" in March

Earlier from the Philly Fed: Current Indicators Suggest Expansion ContinuesResults from the March Manufacturing Business Outlook Survey suggest that regional manufacturing activity continued to expand. The diffusion index for general...Show More Summary

Philly Fed: Growth in Manufacturing Activity Remained Strong in March

The Federal Reserve Bank of Philadelphia said that manufacturing activity remained strong in March, even as headline growth pulled back from its strongest pace since November 1983. The composite index...

'Soft' Data Snaps - Philly Fed Drops Most In 11 Months As Stagflation Surges

With only 'soft' survey data supporting any hope of proclaiming economic success post-Trump (as 'hard' data has tumbled), the cracks in that sentiment are starting to show. Philly Fed's business outlook tumbled from 33 year highs in March (falling the most since March 2016). Show More Summary

Here comes Philly Fed ...

The Philadelphia Fed's manufacturing business outlook survey for March is expected to be released today at 8:30 a.m. ET. The reading crushed expectations in February, coming in at 43.3 against economists' expectations of 18 and up from...Show More Summary

Thursday: Housing Starts, Unemployment Claims, Philly Fed Mfg, Job Openings

The FOMC's statement and projections were perceived at "dovish" (probably one less hike this year than expected). So mortgage rates declined...From Matthew Graham at Mortgage News Daily: Biggest Intraday Drop of the Year For Mortgage RatesMortgage rates fell at their fastest pace of the year following today's rate hike announcement from the Fed. Show More Summary

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