Back

Philadelphia Fed index falls to 37.8 in September, beating expectations

Verifying
  • Philadelphia Fed manufacturing activity slowed in September but remained in expansion territory.
  • The index fell to 37.8 from 47.4, exceeding the 30.5 market expectation.
  • Firms reported elevated orders and shipments while retaining positive six-month business expectations.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.