United States: Philly Fed manufacturing Index better than estimates at 32.3
October 15, 2020 at 10:47 am EDT
The consensus counted on 14.4. The previous publication was 15.
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.
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