Philadelphia Fed finds factory activity pulled back in October

Capt. John

Factory activity in the Federal Reserve Bank of Philadelphia’s district contracted again in October, the bank said in a report Thursday. The bank’s index for general activity stood at -8.7 for last month, a modest improvement from September’s -9.9 reading. Economists had expected a better...

https://www.hellenicshippingnews.com/philadelphia-fed-finds-factory-activity-pulled-back-in-october/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon