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Philly Fed Manufacturing Index: Improved Growth in March

Summary:
[unable to retrieve full-text content] The latest Manufacturing Index came in at 13.7, up 17.8 from last month's -4.1. The 3-month moving average came in at 8.9, up from 7.3 last month. Since this is a diffusion index, negative readings indicate contraction, positive ones indicate expansion. The Six-Month Outlook came in at 21.8, down from the previous month's 31.3.

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The latest Manufacturing Index came in at 13.7, up 17.8 from last month's -4.1. The 3-month moving average came in at 8.9, up from 7.3 last month. Since this is a diffusion index, negative readings indicate contraction, positive ones indicate expansion. The Six-Month Outlook came in at 21.8, down from the previous month's 31.3.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

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