Manufacturing activity in the mid-Atlantic region showed modest improvement in October, according to the Federal Reserve Bank of Philadelphia, which saw its Business Outlook Survey rise to 1.0. However, despite that return to positive territory overall, key index components continued to reveal economic softness.
Continue reading Philly Fed Index Shows Weak Return to Manufacturing Growth
Philly Fed Index Shows Weak Return to Manufacturing Growth originally appeared on DailyFinance on Thu, 21 Oct 2010 14:36:00.
Filed Under: Economy