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Philly Fed Manufacturing Index: Improvement in July

Summary:
[unable to retrieve full-text content] The latest Manufacturing Index came in at 21.8, up 21.5 from last month's 0.3. The 3-month moving average came in at 12.9, up from 8.5 last month. Since this is a diffusion index, negative readings indicate contraction, positive ones indicate expansion. The Six-Month Outlook came in at 38, up 16.6 from the previous month's 21.4.

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[unable to retrieve full-text content]
Philly Fed Manufacturing Index: Improvement in July

The latest Manufacturing Index came in at 21.8, up 21.5 from last month's 0.3. The 3-month moving average came in at 12.9, up from 8.5 last month. Since this is a diffusion index, negative readings indicate contraction, positive ones indicate expansion. The Six-Month Outlook came in at 38, up 16.6 from the previous month's 21.4.

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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