USA News Today | Daily Us NewsPaper
Tuesday, March 10, 2026
  • Politics
  • Headlines
  • Local news
  • Business
  • Science
  • Lifestyle
  • Tech
USA News Today | Daily Us NewsPaper
No Result
View All Result
Home Business

Philly Fed Index Unexpectedly Turns Positive In February

February 16, 2024
in Business
U.S. Business Inventories Increases In Line With Estimates In December

Manufacturing activity in the Philadelphia area has seen a significant turnaround in the month of February, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday.

The Philly Fed said its diffusion index for current general activity surged to a positive 5.2 in February from a negative 10.6 in January, with a positive reading indicating growth. Economists had expected the index to rise to a negative 8.0.

Looking ahead, the Philly Fed said the survey’s broad indicators for future activity rose, suggesting more widespread expectations for overall growth over the next six months.

Copyright © 2024, RTTNews.com, Inc. All Rights Reserved.

Tags: Breaking NewsEconomic News

Related Posts

U.S. Consumer Sentiment Tumbles To Six-Month Low In May

by USA News Editor
May 13, 2024
0

A report released by the University of Michigan on Friday showed a substantial deterioration in U.S. consumer sentiment in the...

U.S. Service Sector Activity Contracts For First Time Since December 2022

by USA News Editor
May 3, 2024
0

After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a...

U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher

by USA News Editor
May 3, 2024
0

After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday...

U.S. Factory Orders Surge In Line With Estimates In March

by USA News Editor
May 2, 2024
0

New orders for U.S. manufactured goods surged in line with economist estimates in the month of March, according to a...

U.S. Labor Productivity Increases Modestly In Q1, Labor Costs Spike

by USA News Editor
May 2, 2024
0

A report released by the Labor Department on Thursday showed labor productivity in the U.S. increased by less than expected...

U.S. Trade Deficit Narrows Slightly To $69.4 Billion In March

by USA News Editor
May 2, 2024
0

The U.S. trade deficit edged slightly lower in the month of March, according to a report released by the Commerce...

Advertisement

Today Trend USA News

Brantley Gilbert Extends 'Off The Rail Tour' Into Fall

2 years ago

Lizzo Declares 'I Quit' Amid Online Criticism, Harassment Allegations

2 years ago

Turkey Suspends Trade With Israel Over Gaza 'humanitarian Tragedy'

2 years ago

Rage Against The Machine's Tom Morello To Play Intimate Solo London Show

2 years ago
Babyface Parody's Nicole Kidman's AMC Ad In Las Vegas Residency Announcement

Babyface Parody's Nicole Kidman's AMC Ad In Las Vegas Residency Announcement

2 years ago
NASA Launches Satellite To Study Ocean, Atmosphere

NASA Launches Satellite To Study Ocean, Atmosphere

2 years ago

Popular News Today

  • Ukraine Reconstruction And Recovery To Cost $486 Bln

    Ukraine Reconstruction And Recovery To Cost $486 Bln

    0 shares
    Share 0 Tweet 0
  • Trader Joe's 62K Pounds Of Chicken Soup Dumplings Recalled

    0 shares
    Share 0 Tweet 0
  • About
  • Contact Form
  • Terms of Use
  • Privacy Policy
  • DMCA

© 2024 USANEWS.ONE

No Result
View All Result
  • Politics
  • Headlines
  • Local news
  • Business
  • Science
  • Lifestyle
  • Tech

© 2024 USANEWS.ONE

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

We respect your privacy and take protecting it seriously