
US Philly April business index -26.4 vs 12.5 in March
(Il Sole 24 Ore Radiocor) -Milano,17 apr-The US Federal Reserve Bank of Philadelphia said its manufacturing business outlook survey for April fell to a reading of negative 26.4 from a positive 12.5 in March, marking its lowest reading since April 2023.
Economists' expectations were for a reading of 2.2 points.
The shipments index fell to negative 9.1 from positive 2.0 the previous month, and the new orders index declined to.
negative 34.2 from positive 8.7 in March.
(RADIOCOR) 17-04-25 14:45:14 (0467) 5 NNNN