Open Demo Account
Home / Market Update / US: Philly Fed Nonmanufacturing Index Jumps to 38.6 in March From 3.9

US: Philly Fed Nonmanufacturing Index Jumps to 38.6 in March From 3.9

Adel 23 March, 2021 4:52 pm Market Update

The Regional Business Activity Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey rose sharply to 38.6 in March from 3.9 in February.

Further details of the publication revealed that the Firm-level Business Activity Index improved to 33.5 from 7.5 and the Full-time Employment Index edged higher to 9 from 2.8.

Tags

Check Also

Silver Price Outlook: XAG/USD Pauses Near Record Peaks

Silver (XAG/USD) holds steady around $38.25 on Friday, following a 14-year high of $39.13 earlier …

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