United States: Philly Fed manufacturing Index better than estimates at 26.3

The consensus counted on 22.0. The previous publication was 32.3.

This index is used to determine the level of manufacturing activity in the Philadelphia area through a survey conveyed among 250 companies. The level of this indicator could anticipate a possible deterioration in the industrial activity nationwise. An increase in this index could have a positive effect on the dollar and U.S. markets.