In what likely amounts to a bit of economic noise, the Philadelphia Fed regional manufacturing report posted a rise of 1.9, slightly beating the economic consensus of 0. Unlike Monday's Empire State report which is pointing to out-and-out...Show More Summary
The Federal Reserve Bank of Philadelphia said that manufacturing activity rebounded in November after contacting in the prior two months.Read the Rest...
Manufacturing activity in the mid-Atlantic region improves, beats expectations.
From the Philly Fed: Manufacturing Conditions Showed Slight Improvement in November Manufacturing conditions in the region showed slight improvement this month, according to firms responding to the November Manufacturing Business Outlook Survey. Show More Summary
After 2 months of notably unusual negative prints, November's Philly Fed rose from -4.5 to +1.9 (the best MoM rise since June). Sadly, the survey's headline gains were driven by a big surge in 'hope' as the outlook surged from 36.7 to...Show More Summary
At 8:30 a.m. ET, we'll get the October Philadelphia Fed Business Outlook report. Economist estimate the headline index improved to -0.5 in October from -4.5 in September. Refresh this page for live updates. Join the conversation about this story » NOW WATCH: The killer jobs report could mean a rate hike in December
Thursday:• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for 270 thousand initial claims, down from 276 thousand the previous week.• At 10:00 AM, the Philly Fed manufacturing survey for November. Show More Summary
While the US economy as a whole is growing modestly, that growth is not even across the country. As the Philly Fed's latest coincident indexes survey shows, six states — North Dakota, Alaska, Wyoming, Montana, West Virginia and Vermont...Show More Summary
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for September 2015. In the past month, the indexes increased in 41 states, decreased in six, and remained stable in three, for a one-month diffusion index of 70. Show More Summary
From the Philly Fed: October Manufacturing Survey Manufacturing conditions in the region continued to weaken in October, according to firms responding to this month’s Manufacturing Business Outlook Survey. The indicator for general activity remained negative, while the new orders and shipments indexes turned negative this month. Show More Summary
Manufacturing activity in the mid-Atlantic region remains weak, contracts for second month.
The Federal Reserve Bank of Philadelphia said that growth in the manufacturing sector declined once again in October, extending theRead the Rest...
The Philly Fed general business activity index somehow managed to rise very modestly in October from -6.0 to -4.5 (but missed expectations) even as 7 out of 9 constituent components dropped if not crashed outright!. This the second monthly decline in a row - not seen since 2013. Show More Summary
The Philadelphia Fed's manufacturing index improved in October, but missed estimates. The reading on manufacturing activity came in at -4.5. Economists had estimated that the index improved to -2 from -6, according to Bloomberg. Earlier...Show More Summary
Thursday:• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for 270 thousand initial claims, up from 263 thousand the previous week.• Also at 8:30 AM, the Consumer Price Index for September from the BLS. Show More Summary
The key economic reports this week is September retail sales on Tuesday.For manufacturing, September Industrial Production will be released on Friday, and the October NY and Philly Fed manufacturing surveys will be released this week.For prices, CPI will be released on Thursday. Show More Summary
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for August 2015. In the past month, the indexes increased in 41 states, decreased in five, and remained stable in four, for a one-month diffusion index of 72. Show More Summary
From the Philly Fed: September Manufacturing Survey Manufacturing conditions in the region were mixed in September, according to firms responding to this month’s Manufacturing Business Outlook Survey. The indicator for general activity fell into negative territory, but indicators for new orders, shipments, and employment remained positive.... Show More Summary
On the heels of Empire Fed's big plunge, Philly Fed just collapsed. Despite employment and new orders picking up, the headline Philly Fed data crashed from 8.3 to -6.0 (missing expectations of +5.9 by the most in 4 years). This is the...Show More Summary
The latest reading on regional manufacturing from the Philadelphia Fed is due at 10:00 a.m. ET. Economists estimate that the index fell to 5.9 in September from 8.3 in the prior month. On Tuesday, the Empire State manufacturing index from the New York fed was a huge miss for a second straight month, at -14.7. Show More Summary