USD Philly Fed Manufacturing Index, Jan 16, 2025
Philly Fed Manufacturing Index Plunges Despite Positive Forecast: What it Means for the USD Headline: The Philly Fed Manufacturing Index plummeted to 44.3 on January 16, 2025, significantly underperforming the forecasted -5.2. This surprising result, while still indicating worsening conditions, signals a less severe downturn than initially predicted