Philadelphia Federal Reserve Bank’s manufacturing index dropped to 5.2 in February

Noticias del mercado

19 febrero 2015

Philadelphia Federal Reserve Bank’s manufacturing index dropped to 5.2 in February

The Philadelphia Federal Reserve Bank released its manufacturing index on Thursday. The index declined to 5.2 in February from 6. 3 in January, missing expectations for a rise to 8.8. That was the lowest reading since February 2014.

The index fell the third consecutive month.

A reading above zero indicates expansion.

The survey's future activity index declined from a reading of 50.9 in January to 29.7 in February, but continues to reflect general optimism about manufacturing growth in the region over the next six months.

U.S. leading economic index increased 0.2% in January

U.S.: Leading Indicators , January +0.2% (forecast +0.4%)

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