2/16/2012 11:45:00 AM
Write a Letter to the Editor
Manufacturing activity in the Philadelphia region expanded at a faster pace in January, reaching a four-month high, the Federal Reserve Bank of Philadelphia said Thursday.
The regionâ€™s factory index rose to a reading of 10.2, from 7.3 in January. Readings greater than zero indicate expansion.
The index was higher economistsâ€™ forecasts of a 9 reading, Bloomberg reported.
The Philadelphia Fed surveys about 100 manufacturers for the index in eastern Pennsylvania, Delaware, and southern New Jersey.
Â© 2012, Transport Topics Publishing Group. All rights reserved.
Philadelphia Manufacturing Index Rises to Four-Month High (2/16/2012 11:45:00 AM)
Industrial Production Unchanged in January (2/15/2012 10:00:00 AM)
New York Manufacturing Index Jumps (2/15/2012 9:00:00 AM)
Bendix Works to Correct Defect, but Date for Valve Fix Uncertain (2/13/2012 3:45:00 AM)
ATA Installs 15 More Pavers at Capitol Office; $675,000 Raised So Far to Pay Down HQ Debt (2/13/2012 1:45:00 AM)
Trailer Makers Expect Another Banner Year, Cast a Wary Eye on Component Inventories (2/6/2012 3:15:00 AM)