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

US: Philly Fed Nonmanufacturing Index Rises to 8

Adel 22 September, 2020 4:57 pm Market Update

The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey improved to 8 in September from 1.6 in August, the monthly data showed on Tuesday.


Wage and Benefit-Cost Index dropped to 13.1 in September from 14.6 in August.

Firm-level Business Activity Index edged higher to 20.4 in September from 17.9 August.

New Orders Index fell to 8.5 in September from 11.6 in August.

Full-time Employment Index improved to 5.1 in September from -3.0 in August.

Tags

Check Also

European Stocks Climb on Optimism Over U.S.-U.K. Trade Deal and Easing Tensions

European equity markets rose on Friday, buoyed by optimism that the newly signed trade framework …

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