The Philadelphia Fed regional index unexpectedly rose in December to its strongest growth rate since mid-2005. Shipments again had trouble keeping pace with rising orders, and business confidence continues to rise.
…
Manufacturing activity in the mid-Atlantic region unexpectedly surged in November. The Philly Fed’s Business Outlook Survey index jumped to 22.5 in November from 1 in October, its highest reading since December 2009.
…
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 p…