Philly Fed Index Rises More Than Expected In January
Kamis, 16 Januari 2014
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Manufacturing growth in the Philadelphia-area continued in January, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, with the index of regional manufacturing activity rising by more than expected.
The Philadelphia Federal Reserve said its diffusion index of current activity rose to 9.4 in January from a revised 6.4 in December, with a positive reading indicating an increase in regional manufacturing activity. Economists had expected the index to climb to 8.7.
The material has been provided by InstaForex Company – www.instaforex.com
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Philly Fed Index Rises More Than Expected In January
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