Philadelphia Fed: Manufacturing Activity Shrinks for Fourth Straight Month

Name: Philadelphia Fed: Manufacturing Activity Shrinks for Fourth Straight Month
Uploaded: 2012-08-17T02:56:15+00:00
Duration: 1 min 16 s
Channel: IBTimes
Description: The Philadelphia Federal Reserve Bank said its business activity index, which measures activity at factories in the mid-Atlantic region, was at minus 7.1 in August, which was its fourth straight month of contraction and shy of economists' expectations.

IBTimes

The Philadelphia Federal Reserve Bank said its business activity index, which measures activity at factories in the mid-Atlantic region, was at minus 7.1 in August, which was its fourth straight month of contraction and shy of economists' expectations.

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