Home / Market Update / US: Philly Fed Nonmanufacturing Index slumps to 5.3 in November

US: Philly Fed Nonmanufacturing Index slumps to 5.3 in November

The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey fell sharply to 5.3 in November, the lowest reading since June, from 25.3 in October, the monthly data showed on Tuesday.

Check Also

Market Drivers-US Session: Trade Tensions and Fed Autonomy Steer Markets

The US Dollar weakened further on Tuesday, July 22, 2025, dropping to two-week lows around …