Philadelphia factory activity picks up sharply in July
July 20, 2024 7:48 am
Manufacturing activity in Philadelphia has accelerated strongly in July, the latest data showed. The Philadelphia Fed Manufacturing Index was reported at a reading of 13.9 in July, up from 1.3 in June. In comparison, market consensus had pointed to a reading of 2.9. In July, the gauge of shipments improved to 27.8 from -7.2 in […] Read more