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Philly Fed Index Unexpectedly Indicates Faster Growth In April

April 19, 2018/0 Comments/in Fundamental Analysis, Uncategorized Echo_7 /by euitsols

Philadelphia-area manufacturing activity unexpectedly saw a modestly faster rate of growth in the month of April, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

The Philly Fed said its diffusion index for current general activity inched up to 23.2 in April…

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