Open Demo Account
Home / Market Update / Philly Fed Manufacturing Index Declines to 17.2

Philly Fed Manufacturing Index Declines to 17.2

Adel 20 August, 2020 5:48 pm Market Update

The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey dropped to 17.2 in July from 24.1 in June. This print came in worse than the market expectation of 21.

Tags

Check Also

Oil on the Edge: Prices Race Up as Hormuz Tensions Tighten and Diplomacy Stalls

Global oil markets are approaching a critical tipping point, with prices climbing toward the psychologically …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends