Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Philadelphia Fed Manufacturing Index Surges Again, Positive for Ten Months

Courtesy of Mish.

The Philadelphia Fed Regional Manufacturing Index surged again this month but remains below two higher recovery highs.

51.3 percent of business say “general business activity is better than last month”. 35.5% report no change, while 12.5% of businesses assess they are worse off than last month.

This leads to a diffusion index score of 38.8.

Current and Future General Activity Indices

Current Details

By how much are things improving? No one knows. The survey does not even ask.

Note that a net 33.7% of firms say input prices are rising while only a net 16.6% of firms say they are receiving more for their manufactured products. How much more are input prices rising than output prices?

Once again, No one knows. The survey does not even ask.


Continue reading here…


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!