Radiocor News

US Philly Jan business index 44.3 vs -10.9 in Dec

(Il Sole 24 Ore Radiocor) -Milano,16 gen-The US Federal Reserve Bank of Philadelphia said its manufacturing business outlook survey for January rose to a reading of 44.3 from a negative 10.9 in December, marking its highest reading since April 2021.

Economists' expectations were for a reading of negative 5.0 points.

The shipments index increased to 41.0 from 1.7 the previous month, and the new orders index rose to 42.9 from negative.

3.6 in December.

(RADIOCOR) 16-01-25 14:48:47 (0476) 5 NNNN

 


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