To read further, please register free and login
[s2If !current_user_can(access_s2member_level1)][lwa][/s2If] [s2If current_user_can(access_s2member_level1)]

Market Update: Philadelphia Factory Growth at 7-Month Low
The Philadelphia Fed Manufacturing Index in the US fell for the third month to 21.9 in July of 2021 from 30.7 in June, the lowest since December and below market forecasts of 28. The firms responses continued to suggest ongoing growth in the regions manufacturing sector this month. The surveys indicators for general activity, new orders, and shipments remain elevated but declined. The firms also continued to report increases in prices. Most of the surveys future indexes tempered but continue to indicate overall optimism about growth over the next six months. source: Federal Reserve Bank of Philadelphia [/s2If]
Join Our Telegram Group