• Hlavní
  • Analytika
  • Zprávy z trhu
  • Growth of Philadelphia-area manufacturing activity decelerates more than expected in October
Ekonomické zprávy
21.10.2021

Growth of Philadelphia-area manufacturing activity decelerates more than expected in October

The Manufacturing Business Outlook Survey, released by the Federal Reserve Bank of Philadelphia on Thursday, revealed the region's manufacturing activity continued to expand in early October, albeit at a slower pace than in September.

According to the survey, the diffusion index for current general activity decreased from 30.7 in September to 23.8 this month. 

Economists had forecast the index to decline to 25.0.

A reading above 0 signals expansion, while a reading below 0 indicates contraction.

According to the report, the new orders index surged 14.9 points to 30.8 this month, while the current employment index rose 4.4 points to 30.7 and the current shipments index edged up 0.1 point to 30.0. On the price front, the prices paid diffusion index increased 3.0 points to 70.3, while the current prices received index decreased 1.8 points to 51.1.

Podívejte se také