Above expectations (Il Sole 24 Ore Radiocor) - New York, 18 Apr - The US Federal Reserve Bank of Philadelphia said its manufacturing business outlook survey for April rose to a reading of 15.5 from 3.2 in March.

Economists' expectations were expecting a reading of 1.5 points.

The shipments index rose to 19.1 from 11.4 the previous month, and the new orders index rose to 12.2 from 5.4.

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(RADIOCOR) 18-04-24 14:41:48 (0473) 5 NNNN