Home / Market Update / US: Philly Fed Nonmanufacturing Index Rises to 8

US: Philly Fed Nonmanufacturing Index Rises to 8

The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey rose to 32.3 in October from 15. This reading beat analysts’ estimate of 14 by a wide margin.

Check Also

Oil Prices Climb on Venezuela Supply Risks as Geopolitics Return to Focus

Oil prices edged higher on Monday, rebounding from recent losses as fresh geopolitical developments raised …