United States: Philly Fed manufacturing Index better than estimates at -3.5
January 21, 2016 at 01:30 pm
The consensus counted on -5.8
This index is used to determine the level of manufacturing activity at the regional level after a survey of 250 companies. The level of this indicator allows to anticipate a possible deterioration in industrial activity at the national level. The increase of this index could have a positive effect on the dollar and U.S. markets.
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