Philly Fed Manufacturing Index

Philly Fed Manufacturing Index Soars, Signaling Potential Economic Strength The Philadelphia Federal Reserve's Manufacturing Index surged to 10.3 in October, exceeding analysts' expectations of 4.2 and significantly higher than the previous month's reading of 1.7. This jump, released on October 17, 2024, suggests a potential improvement in

Philly Fed Manufacturing Index Surges to 10.3, Signaling Potential Economic Uptick October 17, 2024: The Philadelphia Federal Reserve's Manufacturing Index, a key indicator of economic health, unexpectedly surged to 10.3 in October, far exceeding the forecast of 4.2. This marked a significant jump from the previous month's