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6 month index: 5.6 vs 27.8 last monthCapex index 6-month forward: 13.4 vs 14.0 last monthEmployment: 19.7 vs 5.3 last monthPrices paid: 48.3 vs 40.5 last monthNew orders: 8.7 vs 21.9 last monthShipments: 2.0 vs 26.3 last monthUnfilled orders: 0.6 vs 1.4 last monthDelivery time: 4.1 vs 12.4 last monthInventories: -5.7 vs -0.4 last monthAverage workweek: 8.7 vs 2.9 last monthThe headline stabilized and employment rebounded but there was a sharp drop in new orders and the forward-looking index.
From the release:
Manufacturing activity in the region expanded overall but was less widespread, according to the firms responding to the March Manufacturing Business Outlook Survey. The survey’s indicators for current general activity, new orders, and shipments declined but remained positive. The employment index rose to a multiyear high. Both price indexes remain elevated. The survey’s future indicators suggest less widespread expectations for growth over the next six months This article was written by Adam Button at www.forexlive.com.Hence then, the article about march philly fed 12 5 vs 8 5 expected was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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